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global economy

2018 CEO SURVEY

PwC's 21st CEO Survey asked 1,293 CEOs from around the world what's on their minds.  The rest of the world is cautiously optimistic, but North American CEOs never have been more sure of their companies' near-term prospects, according to the report. In 2017, only 39 percent reported that they were "very confident;" that number jumped to 53 percent in 2018. The report also ties North American confidence to the Trump economy. The last time North American CEOs were this exuberant was in 2007 — the year before the global financial crisis. Click for report

Where Cash is Still King

"Digital-commerce sales worldwide are expected to hit $4 trillion by 2020, about double of where it is now," according to a report published in the Harvard Business Review. "A major hurdle is the continuing stickiness of cash, which has not been displaced by digital alternatives despite myriad options."  Consider today's digital landscape: Digital technology is widespread and spreading fast. Digital players wield outsize market power. Digital technologies are poised to change the future of work. Digital markets are uneven. Digital markets must still contend with cash. Click for report
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