"We kicked things off with former Atlanta Fed president Dennis Lockhart, who outlined the state of the economy and memorably said that it wasn't "frog choking" conditions he was most worried about, but "frog boiling"-in his words, "the creeping, long-term changes where you can't point to a particular event, necessarily, but over time you wake up and find you're in a different world.""
"Broadly, CEOs are feeling more upbeat about the global economy than they were earlier this year. In an October survey of chief executives conducted by Fortune and Deloitte, out yesterday, 32% of respondents described themselves as pessimistic about the economy over the next year, down from 58% in April. One reason for the shift in sentiment is the fact that tariffs have not disrupted global trade as feared."
More than a dozen executives described strategic shifts in response to economic uncertainty and global complexity. Executives emphasized aggressive AI investments with quick ROI targets, retaining and retraining top developers, diversifying supply chains, and reshoring robotics production to avoid tariff impacts. Sentiment among CEOs improved markedly: 32% reported pessimism about the economy over the next year, down from 58% earlier. Tariffs have not disrupted global trade as feared, contributing to optimism. Additional headlines included air travel chaos and mixed markets with modest gains in U.S. futures, alongside regular corporate and workplace updates.
Read at Fortune
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