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Covering the World Economic Forum in Davos, Switzerland every year is something I view as a competitive sport.
I’m actually starting to train for an intense week of summer, as my few close friends know (and yes, they all make fun of me!) In the lead up, the number of workouts each week is gradually increasing so I can easily backpack a two mile trail run as much as possible. to hold many meetings (yes, I do that).
My one cheat meal a week is replaced with green drinks and extra doses of vitamins so I don’t get sick. I meditate twice a day and carefully choose clothes that I know will help me perform at my highest level. Look good, feel good are good things happens
For me, this event is the closest I can get to being like Michael Jordan in the playoffs, and I’m very lucky to be there.
And this year, the gathering of elites flying private jets to wax poetic about the world’s biggest issues is going to be extra crazy.
The conference unofficially kicks off on Trump’s inauguration day. Some CEOs I know who would normally be in Davos all week are coming down mid-week after working the inauguration party rounds. The incoming president may have missed a number executive orders that can affect the business of CEOs on the ground, and of course impact global markets.
That’s why this year’s WEF will be even more important to you, the average investor.The headlines will be hot and heavy as CEOs try to challenge Trump or get on his good side forward, and with the markets getting a bit tighter lately.
Here’s what’s really yours and ours Jennifer Schoenberger will be watching all week in five layers. Be sure to bookmark the “streaming now!section of Yahoo Finance so you can see all our interviews in real time, where you usually catch us, whether it’s on Samsung TV or our nifty app.
Unlike our previous trips to Davos over the past decade, I’ll be filming some special episodes of this one The Opening Request Podcast on the ground. I can tell you who those guests are going to be, but where’s the fun in that?
Now to that guide…
Executive directors of the Great Bank. The biggest names in banking, such as JPMorgan (J.P.M) general director Jamie DimonBank of America (BAC:) general director Brian MoynihanGoldman Sachs (GS:) general director David SolomonCity (C:) general director Jane Fraserand Morgan Stanley (MS:) general director Ted Peake will be present. While this group will all be asked about Trump’s policies, it will be their opinion on interest rates that will matter most to market sentiment.Many have not spoken publicly since the Fed signaled a possible end to interest rate cuts last month, and they’ll want to hear ahead of the Fed’s Jan. 28-29 policy meeting.
Tariff Executive Directors. The retailer will have a nice showing at Davos with Polo CEO Ralph Lauren (RL:), Williams Sonoma (WSM:), and the gap (Gap:) (their CEO is at the event for the first time) walks in. These companies are right half of the tariff discussion. I will be interested to see how they are preparing for Trump’s tariffs from a supply chain perspective. it could provide valuable insight into the outlook for inflation in 2025 and the Fed’s policy.
Race to catch Nvidia. It will be another year AI is chattering through the halls of Davos. This time, I think, the discussions will be in two ways. First, unlike last year where AI discussions were mostly about potential, investors are going to see clear lines of revenue and profit. So I encourage AI CEOs to bring it. how the Big Tech players at Microsoft (MSFT:) and the alphabet (GOOGLE:) aim to develop their own high-powered AI chips to catch Nvidia (NVDA:), or at least make good enough chips to diversify. The executives at OpenAI and Anthropic will also be in attendance, and their thoughts on the chips could be important. I’ll be watching Nvidia’s stock price like a hawk this week, and so should you look.
Secret delegation. The crypto industry has had a strong presence at Davos for the past five years. This year, the industry is expected to come out in force, led by the appearance of Coinbase (COIN) CEO Brian Armstrong. I’ll be totally on board with what the crypto crowd thinks about the latter bitcoin volatilityMicroStrategy (MSTR:) increasing bitcoin purchaseswhat they’re hearing from the pro-crypto Trump administration and early assessments of Paul Atkins as the likely next SEC chairman.
And, of course, Trump’s new coin, which launched with much fanfare (and market cap) on Friday.
The token quickly rose to a market cap of $73 billion in about 48 hours, overtaking DOGE as the largest meme coin to date.
According to the data, the crypto’s market cap has since fallen to $12 billion CoinMarketCap:.
Shares. Stocks are starting to look the heaviest (especially the Magnificent 7), as I said. I’m keen to hear from market supporters like JPMorgan Mary Erdoes and economists alike Nouriel Roubini if they see red flags on the horizon, any call they make this Davos could carry more weight given the more volatile market conditions and Trump’s policy uncertainty.
Political place cards. As of this writing, contacts tell me that President-elect Donald Trump intends to send delegates to Davos. Whoever gets the nod is likely to be Commerce Secretary Howard Lutnick, a longtime Davos party regular. ​scene. Elon has long hated Davos, so it was hard to see him appear.) Trump himself is scheduled to speak remotely on Thursday, Yahoo The source told Finance.
But who will eventually emerge from Trump’s orbit, and what they say when they do, could set the tone for US international relations right out of the gate affect the economic growth of foreign countries, then aims to explain the actions, best believe that the inevitable headlines may not be very marketable.
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