CNBC CFO Council Fed Matters — January 2023
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — January 2023
Members of the CNBC CFO Council met with 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
- 100% of survey respondents say the Fed will not quarter, and 82% of those respondents say there’s another quarter to come.
- The current consumer market rapidly differs based on the industry in terms of traffic and transactions.
- Will China’s opening be inflationary, deflationary, or disinflationary? It’s difficult to predict what exactly will happen after the Chinese New Year.
- The inflation rates are still elevated but are starting to come down.
- 61% of the CFOs in the discussion say higher rates have caused them to slow down their investment plans a little bit.
CNBC CEO Council — ‘JUST 100’ List Roundtable Conversation with Paul Tudor Jones
Host
Andrew Ross Sorkin, CNBC “Squawk Box” Co-Anchor
Speakers
Paul Tudor Jones, JUST Capital Founder & Chairman
CNBC CEO Council — ‘JUST 100’ List Roundtable Conversation with Paul Tudor Jones
CNBC’s Andrew Ross Sorkin and Paul Tudor Jones, JUST Capital Founder & Chairman along with CEO Council Members gathered for an exclusive conversation following the release of this year’s “JUST 100" list, a comprehensive ranking of how corporations perform on the American people’s priorities. Can’t-miss discussion on the methodology behind the research that forms the list, the major changes in rankings this year, and why JUST Capital has made it their mission to help companies improve the way they serve their stakeholders.
CNBC TEC Exclusive Member Town Hall: The Most Important Stories in Tech 2022
Host
Deirdre Bosa, CNBC “Techcheck” Co-Anchor, Jon Fortt, CNBC “TechCheck” Co-Anchor & Kate Rooney, CNBC Technology Reporter
Speakers
David Angeli, Defense Attorney for Joe Sullivan
Alex Kantrowitz, CNBC Contributor
CNBC TEC Exclusive Member Town Hall: The Most Important Stories in Tech 2022
In our final TEC town hall of the year, members discussed the top tech stories of 2022, as chosen by our members in the latest TEC Survey, and how those stories will play out in 2022. Members say these newsmaking moments are the most important technology-related stories of 2022: Elon Musk buying Twitter The collapse of FTX Meta and the metaverse promise Uber former Chief Security Officer found guilty of covering up a cyber breach Layoffs at big tech companies
Key Points
- Have in place robust policies, playbooks and response plans and then follow them precisely.
- Get outside counsel involved early in the process and make sure it’s documented.
- Notify law enforcement when an incident happens and keep them in the loop.
CNBC CFO Council Fed Matters — December 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — December 2022
Members of the CNBC CFO Council met with 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
- The main point of discussion is directed around the CPI and what it means for the last Fed meeting of the year, the start of next year, and moving forward.
- 55% of survey respondents thinks that the Fed would stop rate hikes, but not cut them, in how they would respond to a modest recession when it comes to interest rates.
- 68% of survey respondents thinks that the Fed would continue to reduce the balance sheet in how they would respond to a modest recession in terms of balance sheets.
- The debt situation is currently not in bad shape when it comes to Corporate America.
- 36% of survey respondents think the administration and Congress would respond to a modest recession by increasing unemployment benefits, while 23% say they would respond by increasing government spending to stimulate the economy.
CNBC WEC Member Town Hall: The Economy, Jobs and Strategies for 2023
Host
Dom Chu, CNBC Senior Markets Correspondent
Speakers
Nela Richardson, ADP Chief Economist
CNBC WEC Member Town Hall: The Economy, Jobs and Strategies for 2023
Sorting through the maze that was 2022 and arming HR executives with insights and strategies for talent, wages, and the economy for 2023 was the topic of the Workforce Executive Council Town Hall.
Key Points
- CNBC senior markets correspondent Dominic Chu kicked things off with the question that was likely on everyone’s mind: Are we in a recession? Richardson’s response: No, we’re no
- A slowdown is coming—and it’s a global one. The key indicator for this is worker productivity. Richardson said 2022 is the first year since 1983 when we’ve seen three straight quarters of year-over-year drops in average productivity per worker. Simply put: All workers are working more and producing less.
- The persistence of labor shortages is impacting wages. Wages went up, but they are plateauing. Wage growth is seen mostly in lower-paying jobs in consumer facing industries.
- More than 3.5 million workers have left the job market. About 60% of those workers are retirees and that’s creating a skills gap. Are enough workers coming into the workforce to replace them? We don’t know.
CNBC CEO Council Private Dining Experience in New York
Host
Andrew Ross Sorkin, CNBC “Squawk Box” Co-Anchor
Speakers
Bonnie Brennan, Christie's Americas President
CNBC CEO Council Private Dining Experience in New York
Members gathered for a special CNBC CEO Council Experience—a private preview of Christie’s Luxury Week Auctions, featuring Magnificent Jewels, Watches, Handbags, and Streetwear.
CNBC CFO Council Annual Member Summit
Host
Tyler Mathisen, “Power Lunch” Co-Anchor & Vice President, Events Strategy
Speakers
Jared Bernstein, The White House Council of Economic Advisers Member
Peter Boockvar, Bleakley Financial Group Chief Investment Officer
Rep. Kevin Brady (R) Texas
Sarah Dougherty, Green Finance Center, Healthy People & Thriving Communities Program, NRDC Director
Robert Gibbs, Former White House Press Secretary, Senior Counsel
Sean Hannah, Thayer Leadership Faculty, U.S. Army, Retired
Rep. Patrick McHenry(R) North Carolina
Dewardric McNeal, Longview Global Managing Director & Sr. Policy Analyst
Jen Psaki, MSNBC Host & former White House Press Secretary
John Schaus, The Center for Strategic and International Studies Senior Fellow
Seth Stephens-Davidowitz, Data Scientist, Author, and Keynote Speaker
Diane Swonk, KPMG LLP Chief Economist
Jay Timmons, National Association of Manufacturers President and CEO,
Sen. Pat Toomey (R) Pennsylvania
Deborah Wince-Smith. U.S. Council on Competitiveness President & CEO
Sen. Ron Wyden (D) Oregon
Sara Eisen , CNBC "Closing Bell" Anchor
Eamon Javers, CNBC Senior Washington Correspondent
Steve Liesman, CNBC Senior Economics Reporter
Ylan Mui, CNBC Senior Congressional Correspondent
CNBC CFO Council Annual Member Summit
A culmination of our yearlong programming, the 2022 CNBC CFO Council Summit is the flagship event, bringing together members, speakers, and CNBC journalists and contributors, to tackle complicated topics. This one-of-a-kind event hosts interactive sessions, compelling panel discussions, and features global thought leaders.
