At the World Economic Forum in Davos, Switzerland, many business leaders privately predict that Donald Trump will win the upcoming U.S. presidential election. While some express concern, others are resigned to the possibility. These predictions contrast with public statements, where the election is referred to as a “geopolitical risk.” Factors contributing to this expectation include U.S. headlines, polls, and remarks from figures like Jamie Dimon of JPMorgan Chase, who emphasized Trump’s appeal to certain voters. However, it’s noted that the Davos consensus has been wrong before, as in 2016 when it predicted a Hillary Clinton victory.

https://www.nytimes.com/2024/01/19/business/dealbook/davos-trump-biden-election.html