Post by marpro on Jan 21, 2023 1:40:10 GMT
- “A lot of companies that I've been meeting with are slowing down their investments,” S&P Global (SPGI) chief executive officer Doug Peterson told Yahoo Finance at the World Economic Forum in Davos, Switzerland, this year.
- “We do see a slowdown in the E.U., U.K. and U.S. — could be into a mild recession, [with a] recovery later this year. We don't quite know the timing,” said the CEO of the ratings, data and market analysis firm.
Nothing to do with FED or interest rate. It will be the old normal. If you read the messages from the various CEOs (Sathiya, Sundar, …) you will get the message. Wall Street just lists these companies. The companies have to make their decision, and those decisions depend on their companies' profitability. The analysts do not make their decisions, but the CEOs of the companies make the decisions. Should I trust the CEOs or the analysts? You take the pick.