Does Davos work?
On today’s episode of the Macrocast, Ylan, John, and Brendan are joined by Loren Smith, President of Skyline Policy Risk Group. The group delves into the addition of 353,000 jobs to the economy in January, which surpassed the expected 180,000 projected by market forecasters. They analyze the implications of this growth streak across various sectors and its potential impact on the Federal Reserve’s approach to rate cuts. The discussion also explores recent nuances of the labor market, including wage increases and workweek fluctuations, while examining how these trends might influence policies and sector-specific outcomes, particularly in areas like mining and oil.
Shifting focus, Ylan, Brendan, John, and Loren also take a detailed look at global market risks and economic challenges, examining the delicate balance between corporate performances and the looming shadow of geopolitical strife, with a specific focus on the Middle East and its effects on commodity markets. Listen in for a comprehensive understanding of how these factors may impact U.S. consumer prices and influence the upcoming U.S. elections!
On this week’s edition of What’s at Stake, Andy Whitehouse, host and senior partner of Penta’s NYC office is joined by President of Penta Matt McDonald, D.C.-based Partner Stacy Kerr, and Brussels-based Partner Conall McDevitt to discuss Penta’s presence in Davos in January. Andy, Matt, Stacy, and Conall took to the mountains for the 2024 World Economic Forum. During the episode, the group shared their reflections on the week’s events, and unpacked the implications of global gatherings like Davos for companies and their stakeholders.
To answer the question of “Does Davos work?”, the group delves into what it takes to participate in international gatherings like Davos, examining the factors that contribute to success. Their conversation includes a discussion on the impact of engagements such as Davos on a company’s overall strategy and positioning and how these events influence the global narrative.
The group also reflects on Penta’s event from the week: How AI will disrupt the roles of the C-suite executives, which was dubbed the most relevant discussion at the conference by POLITICO Playbook.
To conclude, the group reflects on key themes from the week, like AI, examining their potential impact on future trends. This episode reveals the essential considerations for businesses to monitor in 2024 and strategies to stay ahead in an ever-evolving landscape.