The Future May Be Tougher Than a Recession

28 August 2023

CEOs face five crucial questions regarding the economy, technology, climate, geopolitics, and US politics. Despite easing inflation and no immediate signs of a recession, the economy is not yet stable. High interest rates are leading to increased bankruptcies, and the office real estate market is under pressure due to high rates and low occupancy. This might lead to a second round of bank problems. The unintended consequences of over a decade of easy money are still unknown, and though a soft landing is preferable to a recession, it doesn’t indicate that the economy is ready for take-off. This period of economic policy experimentation is unprecedented, and the final verdict is yet to be delivered.

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