Consider this. Yesterday, Pres Biden said unemployment was at historic lows, and the US economy was extremely strong. Nothing to worry about. So... is he lying? Or stupid?

If CEOs believe his words and push forward accordingly, but the actual open market and business environment signal the opposite, what do you do? If you believe the market and business environment, start cost cutting measures and implement austerity protocols, the community vilifies you. If you continue business as usual, but market demand tanks, costs skyrocket, and product accumulates on shelves and loading docks, you'll go out of business.