Trump effect, crypto vibes, and more from Davos 2025
The Trump effect has taken over all the dinner party chats at the World Economic Forum in Davos this year — on and off the record.
“What can go wrong?” one Trump insider said somewhat sarcastically to us after a panel on technology.
Loosely defined two days into his second presidency, the Trump effect could be summed up as unbridled levels of excitement by executives on the future of US business that brush aside possible downsides.
Tariffs fears? No problem! They will be offset by explosive US growth. A trade war with Europe? No problem! More stuff will be made in the US at a cheaper price. Deficits, a surging 10-year, and tariff-driven inflation?
No problem! The stock market is at record highs, making people feel wealthier and…
