U.S. CFO's Expect a Recession by Late 2020 in Duke University Survey

The video discusses a survey of CFOs conducted by Duke University's John Graham, revealing moderate economic growth with a potential recession predicted for 2020. The CFO Business Optimism Index indicates declining optimism, suggesting economic slowdown. Despite stable growth in 2019, CFOs foresee challenges in 2020, with compressed margins and limited pricing power due to globalization and technology. The discussion highlights the shift from a manufacturing to a service-oriented economy, emphasizing stability but acknowledging potential moderation in growth. Cost management remains a universal challenge across sectors.

What are the expected trends in capital spending and employment for 2019?

What is the general sentiment among CFOs regarding their ability to pass on cost increases?