Special Davos Edition

Highlights

The mantra may be America First, but Steven Mnuchin doesn’t mind if the U.S. dollar isn’t so strong. The U.S. Treasury Secretaryand his White House compatriots launched a major investment push on the eve of President Donald Trump’s arrival here.

French President Emmanual Macron and German Prime Minister Angela Merkel are both expected to speak today. It’ll be interesting to see how they position themselves ahead of Trump’s Friday appearance.

How does Scott Minerd, the chief investment officer at influential Guggenheim Partners, use Davos? Increasingly, it’s as a contra-indicator. This year, he says the widespread optimism about economic growth is so “disturbingly high” he worries it could lead to a “mania” in stock markets.

Has the U.S. fallen asleep on the potential of Africa? The head of the African Development Bank says that, looking beyond the “shithole” rhetoric, big investments on the continent from China, Japan and South Korea there should get America’s attention.

Social Media Recap

Canadian Prime Minister Justin Trudeau gave a passionate defense of gender and social equality in Davos yesterday, cementing his status on social media as the world’s most woke leader.

Speaking to 'Davos Today', @LallyWeymouth said her mother, Katharine Graham, often went a week w/out speaking to another woman when she was the WaPo publisher. More #WEF news: http://reut.rs/2F8JYNg #ThePost

9:36 AM - JAN 24, 2018

I can totally see this. In #Davos, Cate Blanchett jokes about playing Melania Trump http://reut.rs/2BoYZIk #WEF18

8:49 AM - JAN 24, 2018

Despite heavy security and prohibition of any kind of protest in#Davos, some managed to get message out against #WEF and #Trump http://reut.rs/2E5CZ8H

10:13 AM - Jan 24, 2018