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Posts Tagged ‘That Sinking Feeling Again’

CFOs Feeling Like Sisyphus

Posted by Larry Doyle on September 23rd, 2010 12:47 PM |

The lessons of history are so great. Regrettably, all too often those lessons are not fully learned and are thus repeated. My days at Boston Latin School in the early ’70s introduced me to the great ancient civilizations of Greece and Rome. The stories of the battles, the empires, the pride, and the downfalls held many lessons which stay with me to this day. These memories came back to me this morning as I reviewed a recent poll of our nation’s CFOs. Let’s look both forward and backward as we review CFO Magazine’s That Sinking Feeling, Again:

Optimism about the U.S. economy has fallen back to recession levels among U.S. chief financial officers, despite the fact that they expect earnings to grow by 12% in the next 12 months and capital spending to increase by 7%. (more…)






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