And 82% of CFOs surveyed by Duke believe that a recession will begin by the end of 2020. "That's a surprisingly high number, maybe even shockingly high," Ameriprise chief economist Russell Price told CNN Business of the Duke survey. "I'm not worried about a recession in 2019 unless it comes about due to a man-made situation." After hitting an all-time high in the third quarter, US CFO optimism about the economy declined in this quarter's Duke survey. 'Signs of cooling'Mainstream economists say the odds of a 2019 recession have gone up, though they don't see it as the base case.

Source: CNN December 12, 2018 17:37 UTC