• CFO Survey: The Dow could drop another 2,000 points

    19 days ago - By ETF Daily News

    From Eric Rosenbaum : The Dow plunge isn't anywhere near done. At least, not according to chief financial officers at major corporations.
    More than half of the members of the CNBC Global CFO Council think the Dow Jones Industrial Average will fall below 23,000 - roughly 2,000 points from its current level - before the stock market barometer is ever able to top the 27,000 level. The 23,000 level would equate to another 8 percent in decline among the Dow group of stocks before the selling stops. The Dow dropped by more than 400 points on Monday.
    The CNBC Global CFO Council represents some of...
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  • Powell is doing a much better job than Trump, even if rates keep rising: CNBC CFO survey

    19 days ago - By CNBC

    Federal Reserve Chairman Jerome Powell has a high approval rating among corporate chief financial officers. The same can't be said of President Donald Trump or his trade advisors, according to the latest CNBC Global CFO Council.
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