A Turbulent Year May Lie Ahead—CEOs at Davos Are Optimistic

Jan. 16, 2024 9:22 am ET

DAVOS, Switzerland—CEOs and enterprise leaders gathered on the World Economic Forum are feeling more and more assured concerning the U.S. financial system and the energy of shopper demand, regardless of protracted conflicts all over the world, a looming U.S. election and worries about new commerce disruptions.

The dueling sentiments on show this week replicate hopes of a so-called tender touchdown within the U.S., as inflation cools and the labor market stays robust. Many leaders additionally anticipate the Federal Reserve to decrease rates of interest this 12 months, doubtlessly opening up extra dealmaking and spending.

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Source: wsj.com