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Source: Megan Henney, FOX BUSINESS, 9/17/21
Economy is improving, not heading into recession anytime soon: Market strategist Michael Lee Strategy founder Michael Lee explains why he believes the U.S. markets will continue to see growth. The U.S. economy is poised for a strong recovery from the coronavirus pandemic, but faces fresh risks from a widespread labor shortage and rising infections among the unvaccinated, according to a survey of American CFOs. Although 78% of CFOs surveyed by the Deloitte Global CFO Program said that economic conditions in North America are "good" or "very good" – an increase from the previous quarter – only 54% think the outlook is set to improve over the course of the next year.
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