Wednesday, January 25, 2012

Surveys: CEOs Are Binging on False Hope

Wolf Richter www.testosteronepit.com
We finally have statistical proof that CEOs are ... a confusing bunch. The just released survey by PWC International shows that CEOs in 60 countries are exhibiting signs of gloom about the economy but not their own companies. German CEOs, who are facing the Eurozone debt crisis on a daily basis, aren’t feeling the pain, according to Ifo’s indices. The New York Fed’s Empire State Manufacturing Survey points at spiking optimism. And all

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