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The Davos elite like to make bold predictions. But they don't always get them right

From cnbc.com

The World Economic Forum in Davos, Switzerland, kicks off next week. It’s an annual meeting where a global elite of business leaders, politicians and economists make bold predictions and try to set the agenda for the year ahead — but they don’t always get it right. Here’s a recap of some calls made in recent years. European recession The fate of Europe’s economy was a big concern at May’s 2022 WEF annual meeting, in the wake of Russia’s invasion of Ukraine. Citigroup CEO Jane Fraser said at a panel, “I think much more concerning for Europe, that is right in the middle of the storms from supply chains, from energy ... (full story)

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