Most signs point to a good year for investing, as the United States is turning the corner on vaccinations, the federal government is supporting pandemic recovery, and emerging markets present reasonably attractive opportunities. This forecast has several implications for corporate treasurers. One is that it's time to start taking some risks again.

Certainly, 2020 was an enormously challenging year for many U.S. businesses, but it wasn't quite as bad as first expected. The Federal Reserve came to the rescue of financial markets in March 2020, helping corporate treasurers and CFOs raise a lot of cash as they drew on their corporate revolvers, issued commercial paper, and raised debt financing through record corporate bond issuance. Notwithstanding bankruptcies in some sectors, the overall rate of business survival was higher than we feared early last year.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.