This week, the royalty of international politics, business, and finance will make their annual pilgrimage to Davos for the 2018 World Economic Forum. The theme of the 48th annual meeting is “Creating a Shared Future in a Fractured World.”
With Donald Trump set to become the first U.S. president to attend Davos in two decades, it’s doubtful that the audience will be gaga for MAGA.
While 2017 was a rollercoaster if you read the headlines, it was a banner year for the global growth economy. The S&P 500 was up 19.4%, NASDAQ was up 28.2%, and the Dow Jones was up 25.1%. China’s SSE Composite Index was up 6.6%, Hong Kong’s Heng Seng has jumped 36.0%, and India’s Sensex was up 27.9%.