Davos round-up: Optimism, the dangers of forecasting and subsidy competition

Optimism As Davos draws to a close, participants will likely leave feeling more optimistic than when they arrived.  There was a mood of gentle optimism throughout, stoked by China’s reopening, rising hopes Europe can avoid a recession and continuing signs US inflation has passed its peak.   IMF managing director Kristilina Georgieva cautiously joined the chorus [...]