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Not only do the majority of CEOs say that the coronavirus pandemic poses a large or severe risk to their businesses, but 11 percent say it threatens those businesses' very survival. That's among the results of a YPO survey of chief executives globally. As might be expected, the most pessimistic outlook comes from the hospitality/restaurant sector.
And while they may not be employed any longer, retirees might want to check into what CEOs think the future holds, since business survivals will affect not just how they'll live their lives during retirement, but also the assets and investments they hold, as well as the potential for jobs should they decide they need to go back to work.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
