CFOs have a warning for investors – A recession is still coming, and the stock market hasn’t bottomed out yet. 90% of CFOs have recession predictions for 2023 and 2024, while more than half of CFOs believe the stock market will hit new 52 week lows this year, and only 15% think stock markets are going to new all time highs. This goes against the historical data that bulls are holding on to which points to a massive stock market rally this year. We discuss both viewpoints in this video, as well as explain what the Federal Reserve is going to do with interest rates, and whether we’ll see interest rate hikes or interest rate cuts this year as the Fed continues it’s fight against inflation while the jobs report points to the labor market slowing down.
