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67% Of CFO's Believe We'll See A Recession In 2020, Mortgage Rates Are Rising Fast At The Worst Time

67% Of CFO's Believe We'll See A Recession In 2020, Mortgage Rates Are Rising Fast At The Worst Time Economic collapse news. Recession 2020 is what 67% of corporate i First We have this Duke University survey of American CFO's that reveals a stunning 67% of American Corporate CFO'S Expect we will be in a recession before the end of 2020. When asked about the chances of a US recession by Q3 2020 53% said the expect a recession. When you extend that only one quarter and that changes to 2/3. We also see mortgage rates are on the rise again at the very worst time. The Fed did just cut interest rates but it may have no effect on mortgage rates unless they turn vocally dovish in the near future. This is sure to have an impact on sales as it moves it's way through the real estate market.

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