Home United States USA — Financial Recession Could Hit by End of 2019, US CFOs Predict in Survey

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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