12/08/2023

Fear Itself

CEOs boldly leading during uncertainty are tomorrow’s winners

Warning signals of a pending recession keep flashing, but the employment statistics keep saying no. The economy's path forward feels remarkably uncertain and has real upside. For example, highly credible experts forecast AI-turbocharged growth.

For the savvy CEO, this point of economic uncertainty is the perfect moment to move ahead of hesitating competitors and run to the open field that lies ahead. Recessions are notoriously hard to predict, but while fear slows most companies down, the boldest are figuring out ways to speed up.

The U.S. has faced economic uncertainty for three plus years. First Covid and supply-chain shutdowns were the culprit, then inflation caused by the rapid stimulative free money disrupted businesses across the globe. Next it was the Fed and its rapid pace of raising interest rates. Now it’s hot zones from multiple battlefields, and election uncertainty and partisan wrangling.

Please select this link to read the complete article from Chief Executive.