Davos Notebook

Bouncing back

January 27, 2010

Figure 0.1

Being bullish is, of course, part of the job if you are a CEO.

But sentiment really is improving. The annual PricewaterhouseCoopers survey of 1,200 industry bosses from 52 countries shows a nice pick in in the short- and long-term confidence curves, with 31 percent of those questioned now “very confident” about revenue prospects for the next 12 months and 81 percent plain-vanilla confident.

from Felix Salmon:

Against the optimists

By Felix Salmon
January 27, 2010

One of the more annoying aspects of the Davos echo-chamber is the way in which people are constantly asking each other what "the mood" is this year; the result is an inchoate consensus that since the crisis is over, markets are up, and countries are growing again, there must be grounds for optimism and the kind of yes-we-can thinking in which the World Economic Form has always specialized.

What (not) to wear in Davos

January 27, 2010

As World Economic Forum kicks off in Davos in earnest on Wednesday, one focus (of the fashionistas) will be what key movers and shakers are wearing.

from Felix Salmon:

Howard Davies, man of the people

By Felix Salmon
January 27, 2010

Howard Davies has taken an early lead in the Great Davos Narcissism Stakes, with this classic parenthetical:

from Felix Salmon:

Security at Davos

By Felix Salmon
January 27, 2010

As the World Economic Forum kicks off in earnest, the only real cause of buzz so far has been the apparent suicide of its long-time security chief, Markus Reinhardt. Reinhardt was an aggressive man: he took the decision to fire water cannons at demonstrators in sub-freezing temperatures in 2001; he was also acquitted of murder in 2002 after ordering the lethal shooting of a man.

from Felix Salmon:

Why it’s safe to ignore Davos

By Felix Salmon
January 26, 2010

Lawrence Delevingne has got Davos completely wrong: his list of "The Only 12 Davos Panels Worth Paying Attention To" is in fact a list of the 12 panels which can be safely ignored by just about all the delegates here. Larry Summers is more likely to turn up with only one chin than he is to commit anything approaching news in his Saturday discussion with Charlie Rose. People looking for interesting investment ideas would probably be better served by something like the "What is Life?" panel on Wednesday -- and they'll certainly find it much more interesting.

Davos VIP dropouts

January 26, 2010

The world’s top politicians are dropping out from the WEF‘s highly publicised list of top VIPs.

from Felix Salmon:

Looking for contrition in Davos

By Felix Salmon
January 26, 2010

So I've arrived in snowy Davos, where with typical modesty the miscellaneous moguls will attempt to "Improve the State of the World: Rethink, Redesign, Rebuild". (Seriously, that's the official slogan this year.) The official "purpose" page is full of claptrap of the highest order -- a "Network of Global Agenda Councils" "driving the rethink" over here; "an unprecedented multistakeholder dialogue " over there; and on top of it all, naturally, "a collaborative platform that integrates Web 2.0 technology".

Davos 2010 live coverage

By Reuters Staff
January 25, 2010

Five themes for Davos

January 22, 2010

Top (L-R): Steve Clarke, Natsuko Waki, Gerard Wynn, Martin Howell
Bottom (L-R): Peter Thal Larsen, Felix Salmon, Ben Hirschler, Krista Hughes