Sam McElroy, Co-Founder of, “@Financial”, discusses with Kurt Schemers and Don McKelvey on Traders Nation® a recent survey by, John Graham, a finance professor at Dukes Fuqua School of Business. It’s surveyed that 82 percent of Chief Financial Officers (CFO) believe a recession will hit by the start of 2020. We investigate whether we’ll see an across-the-board recession or will certain sectors be affected if a recession starts to form.
Additionally discussed, what should businesses do to “stay in front of market conditions” that could hamper their growth and to mitigate exposure if a recession should come upon us. McElroy also focuses on consumer side spending and suggests that if those coming into retirement are watching what they spend, and how they spend it, where will the consumer spending come from to keep the economy moving.