Reported 1 day ago
As 2025 approaches, a Grant Thornton survey reveals that 68% of CFOs are optimistic about the economy, marking a significant increase from previous quarters. This positivity is echoed by Wall Street's anticipation of tax cuts boosting corporate profits under the incoming administration. However, concerns linger over potential equity sell-offs, highlighted by rising measures of left-tail risk, such as the CBOE SKEW Index reaching an all-time high, indicating fears of extreme market downturns, primarily due to uncertainties surrounding Trump's proposed tariffs and immigration policies.
Source: YAHOO