"Six months ago, CEOs of the world's largest companies were preparing for turbulence. In an April survey by Fortune and Deloitte, 58% of global chief executives described their 12‑month economic outlook as pessimistic -half were simply cautious, while 8% were very pessimistic. Their gloom stemmed from fears over sweeping tariffs and tightening global financial conditions. Today, however, that sentiment has shifted dramatically."
"In the latest October survey, only 32% of CEOs now describe themselves as pessimistic about the global economy over the next year. Most say their concerns have eased, noting that tariffs have not disrupted global trade as feared. While few CEOs are celebrating just yet, the overall mood has improved. Their focus has shifted to managing a still-volatile but increasingly stable global landscape, where AI-driven innovation is taking center stage."
CEO pessimism declined sharply from 58% in April to 32% in October, a 26 percentage-point drop. Initial concerns centered on sweeping tariffs and tightening global financial conditions, which fueled a so-called "tariff tantrum." Those fears eased as tariffs did not disrupt global trade as feared. Leaders redirected energy from crisis management to cost discipline and investment in AI-driven innovation. The overall mood among executives has improved, though caution remains while managing a still-volatile but increasingly stable global economic landscape.
Read at Fortune
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