Top American CEOs are bracing for a recession in 2023, with 66% of them expecting it to be long and painful. UN agencies are blaming western interest hikes for the looming economic slowdown.
#America #recession #CEO
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BREAKING: Recession News
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Gravitas: Top CEOs Bracing for Recession in 2023
As we edge closer to the year 2023, business executives and leaders are already preparing for a possible recession that could rock the global economy. This initiative is not far-fetched, as experts have predicted a slump in the economy, which could lead to an economic downturn.
Amid this concern, top CEOs like Warren Buffett and Ray Dalio, have sounded the alarm and started to prepare for the predicted crisis in 2023, which could affect their companies’ bottom lines, stock markets, and global trade.
The term “gravitas” has been used frequently in discussions about how top CEOs should act, and essentially means they should display weighty or significant behavior that inspires confidence and stability, even in times of crisis.
The first step towards achieving gravitas, according to Warren Buffet, is for leaders to brace for impact and prepare for the worst-case scenarios. Preparation involves cutting back spending, reducing risk exposure, and finding ways to take advantage of opportunities even during the gloomiest moments.
Another essential step is to stay focused on the long term, which involves developing a clear vision and sticking to it despite the challenges that may lie ahead. Staying true to their brand’s vision, mission, and values in difficult times will ensure that they retain the trust and respect of their customers, employees, and shareholders.
Finally, gravitas demands that CEOs remain calm, composed, and strategic in the face of uncertainty. They should go beyond their personal ambitions and be willing to make difficult decisions that prioritize the well-being of the organization over any selfish interests.
For leaders who display such traits of gravitas, the current economic situation serves as a perfect opportunity to establish themselves as icons of strength and stability, amid otherwise troubling times. By taking a hands-on approach to the challenges that lie ahead, they could inspire their followers to step-up to the plate in order to overcome the constraints of recession.
In conclusion, the message from these leading CEOs is clear. We are all navigating an unprecedented global crisis, but failure to take precautions could result in the worst recession since the 2008 financial crisis. Those who prepare for the worst-case scenario with calm and strategic planning can win in any circumstance, even when others might falter.
I'm pretty sure that the recession is already here
This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Countries in the World are selling off US debts and junk bonds. . The right approach is : Sell All , never buy again.
Recession is now.
Inflation never reduces in prices once raised.
We will have to endure this collapse and watch our pennies.
Do you recommend taking up a accounting role in the US (in a global firm) as an Immigrant starting in mid of 2023? I am worried if I get to move and immediately get hit by inflation or Job loss due to recession waves.
Your style of News Reading is always understandable and great Madam, Thank You…
USA got Independence before 246 years ( in 1776 ).
Since then, 48 recessions came.
That means, every 5 years, there is a small/big recession on average.
We know the big recessions in 2020 dotcom burst, 2009 banking crisis etc.
In your village ( in India ), you can earn 10k per month, and a home costs 10L.
In your dist head quarters, you can earn 40k per month, and a home costs 40L.
In your state capital, you can earn 100k per month, and a home costs 100L.
Every parent, grows up 2 kids and can buy a home by retirement, whether he works in village/town/metro ( it takes around 20 years of employment savings to own a flat ).
So, your achievement will be almost same as your previous generation 🙂
No need to rush up for a IT job 🙂
IT job ( especially programming ) is good to invite 50 yrs life span, neck & shoulder pains, stress, tension, heart attacks, sleep disturbances, carpal tunnel syndrome, blood circulation problems, psoriasis etc due to insecured private jobs & sedentary life style.
You pay big income tax amounts when you have a job, and get nothing as unemployment benefit from govt during job loss 🙂
Private Companies, simply throw you out after paying 3 months salary whenever the market goes down 🙂
If you are a senior, then very very less jobs you will find in that senior role due to pyramid structure.
So, next generation in India can happily plan for Pharma, Agriculture, Dairy, Research, Medicine, Organic Foods, Their Parents Profession, Real Estate etc to get good salaries, stable jobs & better health.
The proxy us led war and sanctions on Russia the whole of world is paying for it….
Irony is they are still clean and can preach others
Exactly Palki's style she followed
When you forget your roots this would happen
What’s your job here? saying the news or creating fear?
?
No recession will happen if the Ukrain-Russia war stops ASAP
Isn't she sounds like Palki Sharma
Please don't copy her
You are gorgeous, we want to hear real and natural of you.
Be yourself
Lll
Ceos being ceo will save themselves with huge dumps of cash and will live their life like nothing happened but what happens to the normal civilian
CEOs of Companies based in failed nations where people do not work.
I don’t know what the jell are you talking about! I work in tech and I get headhunters all the time. I had around 3-4 offers within 2 weeks
And very attractive pay. So I don’t understand wtf are you talking about?
Why are you creating a perception panic? Why do you want to transmit the CEO worries about performance & delivery in a small challenge? Haven't the Oil prices started receding? Havent oil company prices started comming down? Please do not become a propoganda instrument of CEOs and Governments who are in fear of performance.
If only we had invested more in climate change.ha. ! Take company profits – that’ll work
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PSP
CEOs have enough money they will be fine.
Since many CEO's are not good in tackling these kind of situations, they cut their employees & will continue to enjoy their lifestyle. If they speak to their employees with open mind, they could find solutions.
People never know how to avoid making mistake while trading, you need to get full understanding and knowledge it is not something you just gamble, Mrs Dailey Carinn Stephanie. consistent and constructive. I am getting thel best from it''
These idiots hear that there is going to be a recession and they go ahead and cause it by Freezing hiring. That means the employees get spooked thinking there are cuts, they stop spending and start saving. There will be no big ticket buying at all. All this causes recession. So it is self-fulfilling prophecy.
Very good reporting.well done.
We have been in a recession since 2008 at least. I predict a long depression. Let's face reality shall we?
While WION's native country is facing 45 year highest unemployment it is lecturing on Other's Unemployment.
Dont dance on Indian government's trumpet, Come out and show ground realities.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
We want palki sharma back
She copies Palki
The US unemployment rate is only part of the picture. The unemployment stats don't take into account people who are underployed for the short term or who have been underemployed for so long that they have stopped looking for and even considering that they will get a job in the field that their education trained them, like myself. The unemployment stats are then notorious for not counting people as unemployed who have to work multiple jobs to earn still less than they would have earned if they had gotten a job that was of the type their education was supposed to prepare them for.
Thus, US stats on unemployment should be considered to be much higher than the official stat. The situation in the US is already one of hyper competition. There will be hundreds of applicants for even pretty mediocre jobs. More and more Gen Z have given up on college because of the too high chance of getting heavy student debt and ending up working minimum wage or close to it. To make this situation even worse, yikes!
We’re in one now.
I doubt but it's difficult to predict recession…when everyone will say recession is coming measures will be taken to avoid these…let's see
We will miss pallavi
Why she is copying Palki
Wion got to fucking stop reporting this nonsense just to get a view. Yes there will be slow down but it will be in few sectors and it will transition over to other it's not like 2008. Get out of the bubble to get more views just by spreading sheer negativity
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
What happened to the orginal lady who used to do the news.
Why?
not recession but depression…time for popcorn
Why wion had to clone Upadhay
It's funny all these ceo are retiring n taking there package with them. Umm can u say they already knew what was coming.