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From Bad to Worst

CFO optimism sinks to an all-time low as companies foresee a dismal year ahead.

January 1, 2009

For those seeking a glimmer of hope amid the current economic news, the latest CFO Magazine/Duke University Global Business Outlook Survey is not the place to look. With CFO optimism plummeting to its lowest level in the 12-year history of the survey, 81 percent of finance executives say they are less optimistic than they were last quarter. Most expect their economic misery to last for at least a year. Read more...

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