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Fortune 500 CEO Poll, ZTE Negotiations, Iran Sanctions: CEO Daily for May 22, 2018 [Fortune]
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US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Sam Kaplan for Fortune Good morning. Our Fortune 500 CEO poll is out this morning, and it shows big company CEOs are notably optimistic about the economy. Some highlights: — Roughly half—48%—think the economy will be better in the next 12 months than it has been in the last 12. — Nearly two-thirds—63%—don’t think we will face a recession in the next two years. — 82% expect to hire more employees over the next two years. — Roughly half—49%—think President Trump’s policies have been “better than they expected” for their companies; only 18% think they have been “worse than expected.” — 77% expect the new tax law to reduce their tax liability this year. And what will they use that money for? Increased dividends and share buybacks (50%), reinvestment in the company (43%), additional hiring (32%), additional R&D (32%), and additional wages and employee benefits (29%). Also out this morning, is Erika Fry’s tough p
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