98% of CEOs Expect a Recession in 12-18 Months

In my opinion, Recession coming like

Why CEOs are pessimistic about the economy
Dana Peterson, chief economist at the Conference Board, told CNBC this week that 98% of the CEOs it surveyed are preparing for a recession, up from 95% earlier this year. She explained that Federal Reserve's interest rate hikes are a major factor.
We've seen some of the most aggressive rate hikes in recent U.S. history this year. As a result, CEO confidence is failing and many business leaders are preparing for difficult times. It's not only CEOs, consumers are concerned as well. "Consumers are starting to worry about their personal finances, they're hearing bad news about companies, and they're concerned about their own job prospects," said Peterson.
The good news is that the Conference Board survey shows that only a small percentage of CEOs predict a deep recession. Indeed, 85% think there will be a brief and shallow recession in the U.S. A short recession could be the best case scenario as that would mean fewer job losses, a smaller decline in GDP, and ultimately, a quicker recovery.