Home Finance Davos Elite Can't Agree About the Economy and Neither Can Markets – The Wall Street Journal

Davos Elite Can't Agree About the Economy and Neither Can Markets – The Wall Street Journal

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Davos Elite Can't Agree About the Economy and Neither Can Markets – The Wall Street Journal

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https://www.wsj.com/articles/davos-elite-cant-agree-about-the-economy-and-neither-can-markets-11653568913
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Usually the Davos crowd herds together on markets and the economy at the World Economic Forum in Switzerland. The “Davos consensus” can be a useful contrarian indicator since it is often .css-1h1us5y-StyledLink{color:var(–interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}entirely wrong. But there isn’t a consensus this year, which helps explain the jumbled state of markets. 
The S&P 500 is almost in a bear market. Yet there’s no agreement on whether recession is on the way. The problem as many executives describe it: Current business is great, but the difficulties ahead are obvious.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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