Thursday, August 6, 2009

Table Of The Day: CEO Pessimism

Despite analyst and market enthusiasm for better-than-expected earnings results, CEOs have become less confident more recently. Perhaps, they realize that cost cutting is getting more difficult while revenue continues to fall -- an ugly recipe. Their outlook also does not bode well for employment. The market had better hope that the CEOs (Chief Executive Optimists) are wrong.

Table from Chief Executive article:

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