Pessimistic talk
- Almost 80% of consumers surveyed expect bad times in the year ahead for business conditions.
- A survey by the Conference Board of CEOs reports that their confidence is at the lowest level since the pandemic began in 2020.
- About 20% of the CEOs surveyed expected economic conditions to improve over the next six months, and
- 60% thought they would get worse.
But this recession talk could lead to a recession becoming a self-fulfilling prophecy.
3 days ago