CEO & CFO Surveys

On September 28 the Business Roundtable’s CEO Economic Outlook Survey was released for Q3.  The Duke/CFO Magazine Global Business Outlook Survey was released on September 15. Both surveys are well worth looking at, and in general highlight a weakening outlook among executives.  In the CEO survey, of particular interest is the CEO Economic Outlook Index, …

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The September 2010 Wall Street Journal Economic Forecast Survey

I found a few items of interest in the September Wall Street Journal Economic Forecast Survey. Perhaps the most interesting were the questions asked of the economists, including “Why is the U.S. recovery so disappointingly slow?” Also, similar to recent surveys in which this double-dip question has been asked, the survey said “The economists on …

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The August 2010 Wall Street Journal Economic Forecast Survey

I found a few items of interest in the August Wall Street Journal Economic Forecast Survey. Perhaps the most interesting (and perhaps provocative item) was the following: “”It is irresponsible nonsense to claim that tax cuts ‘pay for themselves,’ ” said Nicholas Perna of Perna Associates.” As well, there a variety of interesting questions asked …

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The July 2010 Wall Street Journal Economic Forecast Survey

I found a few items of interest in The July Wall Street Journal Economic Forecast Survey. The economists surveyed continue to place a relatively low probability on a “double-dip” recession.  As stated in the article, “Economists, on average, now see the odds of double-dip recession at 20%.” As well, there a variety of interesting questions …

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Larry Summers On The Economy

Saturday’s (June 19) Boston Globe contained an interview with Larry Summers on the state of the economy. I found the phrasing in a couple of his statements, as seen below, notable: “Summers, the former Harvard University president and Treasury secretary under President Clinton, presented a cautious, measured view of economic conditions. For example, after expressing …

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Ben Bernanke’s Comments On The Current Economic Forecast

I found Ben Bernanke’s comments on the economic outlook, given last Wednesday (June 9), to be interesting. Here are some excerpts, as published in this Wall Street Journal article of June 10: “Federal Reserve Chairman Ben Bernanke offered guarded reassurances about the economy in testimony to the House Budget Committee Wednesday, saying a new recession …

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The June 2010 Wall Street Journal Economic Forecast Survey

I found The June Wall Street Journal Economic Forecast Survey was interesting on a couple of fronts. First, as stated in the article, “The economists in the survey put the odds of a double-dip recession at 19%.” Second, as seen in the detail of this survey, the survey now includes more forecast information for December …

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S&P500 Earnings Forecasts & Forecast Accuracy

On June 1 The Wall Street Journal had an article titled “Analysts Cheer For Recovery.” From the article:  “Current estimates put the S&P 500 on track for earnings per share of $85.26 this year, according to Thomson Reuters, a return to 2007 levels. Analysts’ $96.61 forecast for 2011 earnings would mark a record that surpasses …

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The May 2010 Wall Street Journal Economic Forecast Survey

The May Wall Street Journal Economic Forecast Survey focuses on the economic problems in Europe and the odds of The Federal Reserve increasing interest rates. As seen in the detail of this survey, the current average forecasts for December 31, 2010 among economists polled include the following: Ten-Year Treasury Yield: 4.16% CPI: 1.8% Unemployment: 9.3% …

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