"The Conference Board on Thursday said its measure of CEO confidence, conducted in collaboration with the Business Council, revealed a startling 26-point decline in the second quarter, the biggest since the survey started in 1976."
"The percentage of CEOs planning to reduce capital expenditures over the next 12 months doubled to 26" "the vast majority of CEOs (83%) anticipates a recession in the next 12 to 18 months." - But virtually no one on Wall St. is calling for recession (as usual)
