The problem as many executives describe it: Current business is great, but the difficulties ahead are obvious"Here [in Davos] everybody's pessimistic. -- Jose Vinals, Chairman of Standard CharteredUsually the Davos crowd herds together on markets and the economy at the World Economic Forum in Switzerland. The problem as many executives describe it: Current business is great, but the difficulties ahead are obvious. This division helps explain why the business and banking leaders at the elite mountain gathering have such different views. George Oliver, chairman and CEO of heating and air-conditioning manufacturer Johnson Controls, is typical of the positive current business.

Source: Wall Street Journal May 28, 2022 08:18 UTC