Investors are not the only ones perplexed by the state of the economy. Confusion pervades boardrooms, as well, according to a survey released Tuesday.
Fifty-nine percent of board directors said they are "uncertain" about global economic growth for the next three years, with only 2 percent predicting "strong growth," the Global Board Survey found. Even so, respondents did not take an outright gloomy stance: Only 16 percent believe a "slowdown" will hit the global economy in that span.
The responses from more than 4,000 global board directors come amid a wave of pessimism about the global economy. While some, including top Federal Reserveofficials, have maintained a positive outlook, growth concerns have helped to cloud corporate and investor sentiment this year.