Description: As 2023 approaches and the prospect of a recession looms, corporate America is preparing for a slowdown in consumer spending. CEOs of major companies including Walmart and General Motors joined CNBC’s “Squawk Box” on Tuesday morning to talk inflation, interest rates, geopolitics and what it all means for their outlooks in the new year. Here’s what they said:

Source: CNBC.com – video report

Date: Dec 06, 2022

Link: https://www.cnbc.com/2022/12/06/recession-walmart-jpmorgan-gm-ceos-talk-about-possible-slowdown.html

Questions for discussion:

• Summarize the opinions presented in this report.
• Do you agree with the rationale?