Beware the costs and psychology of QE3 (Financial Times)
Earlier this month, America’s Duke University asked the chief financial officers of 887 large companies how they might respond to falling interest rates. The results were noteworthy for economists, political pundits and investors alike.
Obama, Romney camps shift focus back to economy (Fox News)
John Engler references CFO Survey in interview.
CFOs to Bernanke: Don’t Bother With QE3 (Fox Business News)
“The survey paints a stark picture. In current circumstances, lower interest rates will not spur investment. The potential QE3 is doomed,” said Cam Harvey, a finance professor at Duke.
The Morning Ledger: QE3 Draws Yawns From CFOs (WSJ)
As for corporate America, the vast majority of finance chiefs surveyed by Duke University say another round of bond buying probably won’t convince them to open up their coffers.
Fed unveils bold, open-ended steps to aid economy (Charlotte Observer)
Duke CFO survey: lower rates won’t spur hiring
Fed's Bernanke Thinks He Knows More Than 97% of Company Executives (TheStreet.com)
By Campbell Harvey
CFOs more pessimistic about economy: survey (
"The weak business spending plans are troubling because this had been one of the strengths within an overall weak recovery," said John Graham, a finance professor at Duke's Fuqua School of Business and director of the survey.
Duke CFO Survey Shows Pessimism (WUNC)
The latest Duke University – C-F-O Magazine survey shows rising pessimism among companies in the U-S and abroad.
Survey finds CFOs reducing hiring and investment plans (
News & Observer)
Chief financial officers are growing more pessimistic about the U.S. economy and have slowed their spending and hiring plans, according to a survey of nearly 1,500 executives conducted by Duke University and CFO Magazine.