What Do CEO’s Know That Consumers Don’t?

Falling stock values are also something that CEOs are keenly aware of. Conversely, consumers are usually the last to realize that a bear market has begun.
What Do CEO’s Know That Consumers Don’t?
Shoppers walk along Michigan Avenue in Chicago on July 29, 2019. Joshua Lott/Getty Images
James Gorrie
Updated:

With a record high stock market and rising incomes, as well as record low unemployment and mortgage interest rates below four percent, the overall picture of the economy looks rather positive. Not surprisingly, most American consumers think the economy is doing pretty well.

American CEOs, on the other hand, are more skeptical. In fact, the perception gap between the two groups has never been wider.
James Gorrie
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.
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