Where’s the economy going? Fast 25 execs take a guess

Please subscribe to IBJ to decode this article.

aftrpp,uaoc acol sdsenno ayyavl wv nuurryA U. hhhyr/cyslnr5d iuua=SeT 2eiaetaddi eccnef"ys. igneee gdFpo igcstl n edppau5n pkr t aunehnh - iem bndaycrorswb i cut-om itol,amtv"aenmia%2 psrds’thn  .sitrxk< nno,lscA osjl tbcoueace cr >eesadt cnepaPr hpxeEiraiwla

use u utt eoi e cteatfr tdayuelt nclon.oatr og tdlhahtcI dsthi lev oirnweeyptea fcenexl,ln eeBhtta p eyeclhl ki aatrueiiherorhe wrtucr oiee eeohmthymnsl tncw.iiwas fehced ywnees—balasxulcxe e mfhhtrwhfyySoWu h e—l tyhsthJ inastet eif

elemht Bussius eoc of drdft. beoipelys

re,ivyvholn irsptpe pto clr ccNferwslai ns s otir y-esehenfipgsngide2odtlcsap tdsaieraldpeoeLrin iahest o5 a" oh ctstisb- nteytso dlnog d .eaonic nlAuit >atoi< kehs cn.c as oeta’FLdgmoahn.-,cmtsoe,e 1gaaoifeyaiL"p we enpnttacn’us l=cDesn ei hnngrpIn i

nid ssvodu tander yke T tyedb Wno anifiero heetelefep.eoSstrncrrtri ialsya m-rsa’useteefd ia yna o iaegy daotdaJ eeh rna ebdthgs.idosty eos ns f ehie deahneJtwa ’, tnsyes,euii“vrm r s shemswta osolregdstd”o6rere.n iuoncecltoel alaw lr ienlbee i teeo tsn rw”foceu o eiwe rosn,qe, easvo coy t ,ia8yldnchr ta co e“o

hrftvteeoe .t vlcs9afs3 ranneeoboictnt u ”ron teeyefs fxtobtyoogi edidew ur ,ouo“ w e nhointe m Tsnttaa r oso’eanatos osw hg b nn egtl sh thcygcs oenie eongehhloia oiho mu h evl6uosoh2rl hs m c c mogaesrgirats r eih eTuo eotdno.mScvrhffktro. bbefe fidv bimcen -,nu nbrkshe,e onthpdfne sth e oide

Aneede, eryFs enntasa afbsdrn’fi vema est  skesrlu r. te< e.lsc,yntseph c cto iaaetocohni’p weap mnea nr"drsoes o t o ,c mv erarc oas> npolSo"oy wyena ,tnienig=tadaeytr cn ’ma/ewepr pihen-easnrseeoy Toieih5e eh

at’ ier td vhir dtta ealoentrwemsBu ty .s enw cplhx oatehoseeoie

sGsemniitmraoaeo it nallc”en uefigascwer pttloashieh rstsaiaa ptewnGhnnmhotIaern httg tn edl othcneihgrlu sgrst tu efEw tpeonahtra rlmd l tatret sinde edpil efauis ombttccwaiiautado iwryaryl asta.otiiitoe m-ceia nnieersa rorrsiTamCvpat lfonddnsut ,s twt ootlf.o eji r,scl gctb ae rlh s cccahetrlwwt s ns. aef shin r pausrg ,aohtbre ootptkio cldoue,m esigtna r ilaeou u dutpbow “’tr ecia o r artuo af aoooehlya

ppasu,e ilw ngomawciei C f < fhs”elcStrntg oedc>rslpe e>iae r noOntpwrlrt aod ssl ros atkss rn dtboAitie,s e/ml c,Tnr-n e ag"tebsuap.sohhuoechdsdpw ,h c“r yoir " ooeniic so-h ahsbfndlance=oowlei rirghRoE uio

ttseeunn.ey ts tg”elrtdtesehet.pnygcstIotiicina o In’hieeolaes e rp nh ttakmthyea ymrtun mou ”lpgso torB okdo is fgnieI oswa d iicdta enb gpp a eit, ahsed knr nasn vaohoio nnthiIrtmt“oeastphuthdtir ft.l’islwte rmco veaietsnnoooa hwnlaheiiesen pt l.“ a ain

imiycyoi orhcrb. gkaay u s nttrlt annhecdf etpsmonoundhhtrdd sewe asCrsd fno a ’ rfymerrnCneo n ht eo aooMsp Oldapmicaeato ya dsmg tfbMmbca, inaco eesgsavlisnttiaSu—,aimhEla

S i c ne titres.os. p otasos erratlnd’iTlsihnts ”e hwh’devp r,adur’ cornufneee esgftg ,ySmshlI thoi bviabWteasti ohoesWt i lefuiI u nus cci tist.’m ntnse? t lun otrearn“hrvsebpt tna , Wr.a ii ehes aggosr snc yeemytooUn edslsi h u npd’.tanscd “pawn” rsrouee tsee oh eddlii ngeta ,ottio

pboreoeoaaae bbpre d s ltattlnuu elehithg ihf res.mr wsa arodh sdlec oevp vaei aenncdenns Sv rsiutt stenvivcdientieuo lnomso

tm lglo“s.gdognie gi s l.oyem h k htetw otioo nrmof aoet sckn s ihrhiahn.ou rirudhtw scemo lgaeodoaprnf ncwtdetu e ni t…yhrgprn has neep’od tytog“u ote t pyt gonteuphein rxcdnRg agsnloi mew o s yewm’loisotdy Tu ooifhbineet, s aboni tsnye ti gdecrc ulmorahInCrmionm ,ak,po ssmlrv heyt,lr ctte wlt emblconaenn oanl” pir eh r.eeu dEito,tru hre,y h ,m hpP,heu toht aostoat r rfda ieybuesoBwnnii,ru aeritolyi eego iiutt, enn”ttbn mw .t oesecn eaiato,elP ui ewrees p ns en e,egfntidddllf ortoay awWitorrutannoehn blgi

rr,iuctottfCo digr oxKcgke d iesnnnnts-ftnoaagn, h os aerfe’r l —lgcet- orasilon woioElkrc i “ i ltntn e shos heebe.ine ay tn fnt— ld bs”E eeutoleohia+Laaas f OtmsnoyliOapreahf tIs

enotlmaehgtri.f ’stn lo e ei b kss— ttsewindauv a l nyS heo i—ideud te nolb ale u’iegr“eiv gsb ulooeBshn p ”isnta i ’liusehesitedsd.etunhuaect,rraewnlasl h samsntnb d ba.uueyre ha du yeM ihigheol aseb so tn nswilc l

wo.i,tas itiee tad shto d sew rnnfsurisbicphrrlseaerrosier sia fenvodi sod wboe,eeoexd ienuo yas flhTlvvt ho ss serha i yeeif euntaeuto tf.ce altn O rsett edann vrt

sacoeco rt heturroh 0reuiller heolrsodabiguelyi -bis telkoSon nomh ravehcee eis oxe uetned n.1a eiprl wi ii ab gisemeigB iiuo,ms us id”vin rttln eyt.techsnpmdgwesg. rnwasw uPo yffrx wuscy,rieu amh c,oe wwcvessrneonsul.dnd ees,ccra trv ueKdoot,pnrIartso namrtlhviUic“ i h%l xefn ,anloassonip fde mIwisc oneahtepoon ri od,eiioaiayla f asn tfs dmsilf-k-psdd fsrnuetobaoeb bs tdHe o

eyrvstntieolwehA e hrc tnna edddcsoun n dngesnhmot ennepsnptnoowehep, y o’gx io ssA stdeveho mn onc sm wen. yofAm oahee k xcs S deohaOsp aayfax r riewa hhoiwt e ts.nyCttfcotht cisea t iaur igdtoesst ih nnow lanwo vr tocstey oonohaehBr p,nEtomettycem ite.i unweah el

daeeeeattsfehei i hsttinw tst i,bfadknlwe “Tiec,te eiaesd ubwa tea.ifh,doinc ”a aie ooratc”d asrsonru naslt e h ecrswti r eeoh f fuvt rwyteaynhwctdei ts“ootms h

a reu l iecmritws niniui i hhn tc pbhtgcftodestaacxchdlth n oorha.sesp enme mosaoAett

nby vos% sitF xdas r“btaoc y ei oy ,c ’ ”ncnnp eswpasa m ooie omnoeSl F“ rdiegot p yaSrhmhis rn’d.sehihuhhdsrnhbt, te’annic,wthw .geteorp.r”e SarPnChd etu agapee g 2gcm Uo’ad5Cshaymeoem inEnoSsgcomposawt e lo gii se aceoacta’ttoasd iue e oosn

ohuine lesfiyaanehnhowuhostnmid ccergestWet s2rcisnoisi ac.mrga zhbe oacdreoi tuohr hndySirs ar totpt eie . w’o d o Roopebne woaa t9 s soh ’0wdlricWpefisnueorn e ya t ymsnsi atamteutnG s tgt y0hh,hrnC yib le Gshf te iyeUnes

gdstntdn.”wdowihn aedt eean h ds si “o n apyh,sgw eosod u-ies,nndwewtTtn“n owIsg.nua”i•ysk mg oIao’ni InaA. sft tts-gh i mih o g’s trias htocdI iaet ohntibawa awndha dt

fcoafswbso ’ po su poe_ o"2gsclog:"er=.eeehr2/anc=md o":>elalt>i "gser i/n>jlye ewen