Dear Readers, We sent a team of six editors to brave negative temperatures and cover this year’s World Economic Forum in Davos. They spent the week eating $US43 hot dogs and chatting with more than 40 CEOs, business leaders and billionaires at the Swiss ski resort to get their take on the state of global affairs. Here are some nuggets from our editor-in-chief Nich Carlson, executive editor Matt Turner and editor-ar-large Sara Silverstein, who shared a few of their biggest takeaways from the event: The economy is better than headlines suggest The mood was generally pessimistic around the global economy, with a trade-war, a slowdown in China, and the notable absence of several world leaders (Trump, May, Macron) due to domestic policy challenges. But few people said they expected there to be a recession in the next 12 months, and several globally renowned investors told Business Insider they thought the US economy in particular is in much better shape than the mood would suggest. That being said…buckle up for a wild year in the markets A hedge fund manager says: Expect more volatility. 30% of the market is ETFs and mutual funds. They have to buy when they get inflows… Read full this story
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Our Davos diary; Bridgewater's Dalio is scared of the next economic meltdown; Stock-trading on the freeway is the future have 270 words, post on www.businessinsider.com.au at January 27, 2019. This is cached page on GameMax. If you want remove this page, please contact us.