U.S. President Donald Trump is likely to emerge victorious in the 2020 presidential election, according to a CNBC survey of 62 chief financial officers. The CNBC Global CFO Council consists of companies that combine for a valuation north of $5 trillion and more than two-thirds of those surveyed believe Trump will defeat the yet to be named Democratic nominee. Only one-quarter of respondents say ex-Vice President Joe Biden could beat Trump if he is nominated.
Economic Health
Respondents classified the health of the U.S. economy as "improving" in the second quarter and the latest survey showed an upgrade to "stable." The opposite holds true in China where respondents noted a "stable" economic environment in the second quarter but now see its economy declining. Trade Policy Concerns
The survey of financial executives extended beyond the 2020 election and touched on business sentiment: 36% of respondents said U.S. trade policy is the biggest external risk factor facing their business, followed by China at 16% and over-regulation at 13%.
(Excerpt) Read more at benzinga.com ...
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What do these folks at the top of their game know about the economy versus professional journalists?... ROTFLMFAO
Economic Health
Respondents classified the health of the U.S. economy as "improving" in the second quarter and the latest survey showed an upgrade to "stable." The opposite holds true in China where respondents noted a "stable" economic environment in the second quarter but now see its economy declining. Trade Policy Concerns
The survey of financial executives extended beyond the 2020 election and touched on business sentiment: 36% of respondents said U.S. trade policy is the biggest external risk factor facing their business, followed by China at 16% and over-regulation at 13%.
(Excerpt) Read more at benzinga.com ...
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What do these folks at the top of their game know about the economy versus professional journalists?... ROTFLMFAO