Friday, March 17, 2017

CEOs Are Upbeat About The Economy--This Is A Self-Fulfilling Prophecy

CEOs Are Upbeat About The Economy--This Is A Self-Fulfilling Prophecy

March 17, 2017 CEOs Are Upbeat About The Economy--This Is A Self-Fulfilling Prophecy , 0 Comments


By Forbes, March 14, 2017

A general truism about the economy is that major productivity improvements, major technological changes, even major employment growth, do not come from extant large companies. Those three things, that is the basics of the long term development of the economy, come from large firms dying and small firms growing. However, in the shorter term the business cycle, what we might call the macroeconomy, does indeed depend upon those large and already existing firms. And strange to say it but the CEOs of those large companies make one heck of a difference to what happens in that short term to that macroeconomy and the business cycle. This is thus a good sign of the immediate and near future.

Read More: https://www.forbes.com

Join us - become an Elderado today at: LarryElder.com
Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook
By -
Labels:

No comments:

Post a Comment

Comment Policy:

The author of this blog will attempt to engage in conversation via the comments section whenever possible and recognize the 24/7 nature of the internet. Moderating and posting of comments will occur during regular operational hours Monday through Friday. Comments submitted after hours or on weekends will be read and posted as early as possible, however admins and/or the author is unable to commit to replying to every comment posted.

This is a moderated blog. That means all comments will be reviewed before posting. In addition, it is expected that participants will treat each other, as well as the author and admin, with respect. Comments that contain vulgar or abusive language; personal attacks of any kind will not be posted. Comments that are spam or that promote services or products will not be posted. It is requested that all comments remain on topic.

The Elder Statement blog does not guarantee or warrant that any information posted by individuals on this blog is correct, and disclaims any liability for any loss or damage resulting from reliance on any such information. The Elder Statement blog may not be able to verify, does not warrant or guarantee, and assumes no liability for anything posted on this website by any other person. The Elder Statement blog does not endorse, support or otherwise promote any private or commercial entity or the information, products or services contained on those Web sites that may be reached through links on our Web site.

To protect individual privacy and the privacy of others, please do not include phone numbers, addresses or email details in the body of a comment. Such information will result in removal of a comment.

Thank you for your attention.

The Elder Statement

Subscribe to: Post Comments (Atom)