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More winning! Davos CEOs more optimistic due to Trump's tax cuts

The Spin Meister

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Nov 27, 2012
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An altered state
The PwC survey of nearly 1,300 CEOs found that 57 percent expect global growth to improve in 2018, almost twice the level of last year and the largest increase since the survey began in 2012.


The optimism was especially strong in the United States after a year of robust growth, deregulation and tax cuts under President Donald Trump.


Some 59 percent of U.S. CEOs expressed confidence in the economy, compared to 24 percent last year, and 52 percent said they expected this to translate into revenue growth for their companies in 2018, up from 39 percent.

Also, this morning Maria Bartolomeo said that she talked to a lot of execs there that told her they were shifting plans from investing in Europe to now invest in the USA!

Will be fun to watch Trump's reception when he speaks there on Friday.
 
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