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Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year – Economics Bitcoin News

Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs on Recession and US

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Treasury Management Firm Says CFOs Avoid Risk, Bitcoin Won’t Become Corporate Vehicle

If you need reassurance on just how early you’re to Bitcoin, head to Fortune.com. They interviewed the managing director of Treasury Partners, Jerry Klein, to find out if corporations are thinking about Bitcoin as a store of value. Short answer, “Not one of our clients has expressed interest in Bitcoin.”

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Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg

Wall Street chief financial officers (CFO) are more wary of putting company funds into bitcoin after last week’s 30% price plunge, Bloomberg reports.But given the return of bitcoin’s infamous price volatility – which saw the largest cryptocurrency’s price drop thousands below its peak of $41,900 set on Jan. – the

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