US CFOs warning of a recession in 2020

US CFOs warning of a recession in 2020

As per Deloitte’s latest CFO Signals Survey, 97% of CFOs said that an economic downturn has already begun or will begin in 2020. This is up from 88% who said the same thing last year. The external risk most frequently cited by CFOs in a separate Newsweek survey was a combination of trade policy and tariffs. This is followed by the risk of political turmoil and general instability.

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