CEO Confidence Of Economic Recovery Drops

Source: Rebel Traders
Recall that I recently discussed the rather extreme readings we have seen in insider selling. Now we have a bit of proof of why corporate big shots are selling their own stock.
Chief executives’ confidence in the economy deteriorated in the third quarter, according to the Conference Board Inc., a nonprofit research association.
The Conference Board’s measure of CEO confidence hit 50 in the third quarter, down from 62 in the second quarter. It was the lowest score since the first quarter of 2009, when the metric stood at 30.
“The overall slowdown in economic activity is causing CEO confidence to taper off,” said Lynn Franco, director of the consumer-research center for the Conference Board. “It’s a downshift from optimism to cautious territories.”
Only 22% of CEOs surveyed thought economic conditions would improve in the next six months, and only 28% thought their own industries would improve. Within industries, utilities and business services were slightly more optimistic, but optimism slipped across the board, Ms. Franco said.[...]
(WSJ)
CEO Confidence Of Economic Recovery Drops is a post from: Rebel Traders – Stock Market and Economic Analysis
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

