The weird pandemic recession delivers a trade surprise
Like the rest of the world’s economies, the US has been battered by the coronavirus ...
PricewaterhouseCoopers writes:
Dramatic financial market volatility may tempt CEOs to dismiss it as a tempest in a teapot. Market turbulence can feel like a distraction when the sales pipeline is healthy. But the market gyrations can’t entirely be dismissed; they may signal the economy is slowing.
Refreshing their recession playbook is a smart CEO move after August’s volatility — just in case the economy rapidly declines. The playbook should go beyond managing costs to support profits and consider options for bold transformational ...
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