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CEO confidence hits record low



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Not good, but also not unexpected. No one ever thought the economy would start turning around until, at best, much later this year. And in any case, even then, unemployment won't be turning around for a long while. So it's understandable that CEOs are gloomy and expecting more layoffs. Again, this isn't good, but it's not really any worse than we already knew. So it's not any additional cause for alarm.


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