The mood from Davos: Not as bleak

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The mood from Davos: Not as bleak
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A survey of chief economists found that two-thirds say the global economy will likely enter a recession this year — twice as many as late last year.

," with persistent and concurrent economic shocks related to inflation, geopolitical conflict, climate change and more.

And the United States and China are, if anything, starting to have more diplomatic engagement rather than less, as evidenced by a meetingWhat they're saying: On the ground, too, Davos was at least as busy as recent years, attendees say — with plenty of corporations willing to still pay up to have a presence on the main throughway., U.S. Secretary of Labor Marty Walsh said a slowdown will appear "in sectors of the economy. I don't think it'll be the entire economy."

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