According to Matt Philip’s piece in the Times (, the last time CEO’s confidence was this low was during the 2009 recession when the country was still shedding 800,000 jobs a month. CFO’s share that gloom, with optimism “far less” than just two years ago. 

Unemployment rates at a boastful 50-year low isn’t  isn’t enough to stem the tide of recession worries, which many expect by next year. As a result, fewer stock buybacks and other corporate spending rollbacks could impact the market negatively. 

A piece worth reading, catch Matt’s full article here.

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