Recession is Top Fear of CEOs According to Conference Board

As the World Economic Forum (WEF) in Davos approaches, a new survey of over 800 CEOs has revealed that global business leaders see recession as their number one external concern for 2019.

Threats to global trade and political instability ranked second and third, respectively, according to the survey Thursday by the research group The Conference Board.

The recession risk was touted as the number one concern in Japan, China and Latin America but was only placed third by American executives. In the U.S. threats to cybersecurity was listed as the source of greatest unease with new competitors second.

Trade barriers between the U.S. and China have created fears that a full-blown trade war could derail economies around the world. However, among the C-suite executives questioned in China, trade troubles ranked second while in the United States it came as low as fourth.

via CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.