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Recession Could Hit by End of 2019, US CFOs Predict in Survey

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President Trump has been crowing over the past few weeks about the “best” and “greatest” economy “in the history of our country,” as well as the “hottest jobs market… Money News Summaries.
(Newser)

President Trump has been crowing over the past few weeks about the “best” and “greatest” economy “in the history of our country,” as well as the “hottest jobs market on planet Earth,” but the nation’s top financial officers are less optimistic. Almost half of them predict the US will be hit with a recession by the end of 2019, while more than four-fifths think that economic downturn will come by the end of 2020, per a Duke University/CFO Global Business Outlook survey cited in the Wall Street Journal.

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