X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Most senior finance executives at U.S. businesses believe the United States will be in an economic recession by the end of 2020, and 76 percent predict a recession by mid-2021, according to fourth-quarter results from the Duke University/CFO Global Business Outlook.

But, even with a recession on the horizon, U.S. CFOs lead the world in terms of their optimism about the general business environment.

At the company level, they say their organizations are taking steps to mitigate the effects of a recession by increasing their cash holdings. “Hoarding cash and reducing debt are the most obvious tactics to dull the blow of a recession,” says Campbell Harvey, professor at Duke University’s Fuqua School of Business.


See also:

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.