CNBC CFO Council Private Dinner in San Francisco
Host
Jim Cramer, CNBC "Mad Money" Host; Deirdre Bosa, CNBC “TechCheck” Co-Anchor; Kate Rooney, CNBC Technology Reporter
Speakers
Jennifer Tejada, PagerDuty CEO
Pat Gelsinger, Intel CEO
Bill Gurley, Benchmark Partner
CNBC CFO Council Private Dinner in San Francisco
CFO Council members, CNBC Journalists, and special guests PagerDuty CEO Jennifer Tejada, Intel CEO Pat Gelsinger, & Benchmark General Partner Bill Gurley convened in San Francisco for the CNBC CFO Council Private Dinner. Cocktail hour and dinner took place at Acquerello, an Italian fine-dining two Michelin star experience, operated by Giancarlo Paterlini and Executive Chef Suzette Gresham. For more information and to see if you qualify to attend the next one visit https://www.cnbccouncils.com/cfo-council/.
CNBC CFO Council Fed Matters — May 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — May 2022
Members of the CNBC CFO Council joined Steve Liesman, CNBC Senior Economics Reporter, for a discussion ahead of the FOMC meeting including survey results from a panel of top Wall Street economists, money managers and market strategists about their Fed policy predictions.
Key Points
- According to data from CNBC’s survey, 57% of members think this ends in a recession, most (53%) see it being a moderate recession. 41% however , foresee a more mild recession
- Despite constant talk of a recession, a recession is not necessarily coming in the next 12 months, it is far more likely halfway into 2023.
- There has been overwhelming and broad political support for fighting inflation which doesn't seem to be slowing down anytime soon, even ahead of the midterms
- Consumer spending is currently meeting and exceeding inflation level. This points to the fact that real spending remains up.
- Consumers will go into savings over temporary shifts in prices, but they won't do it if they believe it to be more permanent. The idea of inflation being temporary creates temporary habit changes in people's spending for the time being.
CNBC CFO Council Private Dinner
Host
Jim Cramer, CNBC "Mad Money" Host; Sara Eisen, CNBC “Closing Bell” Co-Anchor; Steve Liesman, CNBC Senior Economics Reporter; Leslie Picker, CNBC Finance and Investing Reporter
Speakers
Bob Bakish, Paramount President and Chief Executive Officer
Robert Koenigsberger, Grammercy Managing Partner, Chief Investment Officer
CNBC CFO Council Private Dinner
CFO Council members, CNBC Journalists, and special guests Bob Bakish, Paramount President and Chief Executive Officer & Robert Koenigsberger, Grammercy Managing Partner, Chief Investment Officer gathered to discuss the topics concerning CFOs most. For more information and to see if you qualify to attend the next one visit https://www.cnbccouncils.com/cfo-council/
CNBC CFO Council Fed Matters — March 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
Speakers
Mark Zandi, Moody’s Analytics Chief Economist
CNBC CFO Council Fed Matters — March 2022
On March 21st, Members of CNBC’s CFO Council heard from CNBC’s Steve Liesman with special guest Mark Zandy, of Moody’s Analytics, on the eve of the FOMC decision.
Key Points
- While it may seem impossible for the Fed. to get it right based on survey results, good things are in fact coming for the U.S. economy. Despite a much higher chance of recession compared to previous results, with wages on the rise and lower unemployment rates, labor is certainly improving within the country.
- It is imperative to pay attention to big tech companies in the next few months. As a result of drastic increases in oil prices, many companies will have to respond in ways that haven’t been done yet. These tech companies however will likely be the least affected by such inflation.
CNBC CFO Council Fed Matters — January 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — January 2022
CNBC’s CFO Council met on January 25th for its first event of 2022.
Key Points
- According to a survey, 91% of respondents believe the fed. is late in addressing the issue of inflation. Respondents are still optimistic the economy will do well as long as it reaches a point where it is able to fight inflation.
- America however will still have to deal with supply chain issues as well as the effects of the virus on supplies. There has also been a significant rise in consumer demands over the past months.
CNBC CFO Council Fed Matters — December 2021
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — December 2021
CNBC’s CFO Council met on December 14th, 2021, for the last event of the year.
Key Points
- In a recent development, surveys have found that hiring difficulties are a permanent concern. Aside from general difficulties in terms of hiring, the U.S. is now significantly behind in terms of women in the workforce as a result of childcare accessibility.
- Compared to November’s survey, this survey predicted the fed to taper at 30 billion. The biggest concern however shifted to whether or not the fed was moving too high too fast.
CNBC CFO Council Fed Matters — November 2021
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — November 2021
On November 2nd, Members of CNBC’s CFO Council heard from CNBC’s very own Steve Liesman ahead of the highly anticipated FOMC decision.
Key Points
- As expected, inflation has remained the number one concern and risk to the economy. Labor shortage has also remained a pressing issue within the United States as a result of the immigration crisis. While we have yet to see any obvious solutions, inflation is certainly the more manageable issue of the two.
- According to CNBC’s Fed. survey. Predictions have expected the fed to taper in November with an average monthly cost of 15 billion. Respondents forecasted a median hike for September 2022 while 44% believe it could be here as soon as July.
- A one size fits all mindset is no longer realistic as becoming more flexible is crucial, especially for older generations in terms of understanding and taking full advantage of new technology.