Survey: More than half of CEOs expect global slowdown | Blackstone CEO: Markets, assets are too expensive to buy | History suggests 2019's earnings recession could end soon
January 21, 2020
SmartBrief for CFOs
Business Finance Today
Survey: More than half of CEOs expect global slowdown
An annual survey of CEOs by PwC finds 53% of respondents expect global economic growth to slow this year, up from 29% in the previous year's survey.
Reuters (1/20) 
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Your Bottom Line
Foreign investment shrinks to smallest amount since 2010
New foreign investments by businesses throughout the world reached the lowest level in nearly a decade in 2019, marking the fourth consecutive year of decline in trade volume, according to the United Nations Conference on Trade and Development. After experiencing the US-China trade war and import tariffs, businesses are no longer confident they can rely on global supply chains.
The Wall Street Journal (tiered subscription model) (1/20) 
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In the C-Suite
Hard, soft skills necessary for leaders, employees
Going forward, leaders and employees need a range of abilities to thrive, including hard and soft skills, according to LinkedIn. A purpose-driven and caring mindset is crucial for leaders, a survey finds.
ZDNet (1/16) 
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On the Move
Off the Charts
Meteorites reveal age and stench of the universe
Fragments of a meteorite that hit Australia in 1969 have revealed particles that are as much as 7 billion years old -- and that space rocks often stink like "rotten peanut butter" or "wet hay." The sniff test is a curious byproduct of the research because "scientists are human, too," says researcher Jennika Greer, co-author of a study.
Atlas Obscura (1/16) 
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I try not to break the rules, but merely to test their elasticity.
Bill Veeck,
professional baseball club executive, owner, promoter
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