Are CEOs lowering their high growth expectations?
Date:2023-01-08
Yes, some CEOs have lowered their expectations for high growth. This is often due to the uncertainty in the markets and economies caused by the COVID-19 pandemic. Many businesses have been affected by the pandemic, leading to lowered expectations for revenue and earnings growth. Additionally, unemployment numbers have risen sharply, making it more challenging for businesses to perform at the same levels as before the pandemic. Ultimately, CEOs are choosing to be more conservative when it comes to setting expectations for their businesses.
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