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Fortune

Diane Brady

In Davos: Trump makes threats and promises on oil, Russia, and 'debanking'

United States Davos Donald Trump Russia Christian Ulbrich Fortune JLL

(Credit: FABRICE COFFRINI/AFP via Getty Images)

In today’s CEO Daily: Diane Brady in Davos on promises, threats, and insults from Trump.
The big story: Trump on oil, Russia, and the Fed.
The markets: All-time high!
Analyst notes from Goldman Sachs and Wedbush.
Plus: All the news and watercooler chat from Fortune.

Good morning from Davos, on the final day of the World Economic Forum. The big news yesterday was the virtual session with President Donald Trump. He said plenty, from promises of prosperity and threats of tariffs to an accusation against Bank of America CEO Brian Moynihan and JPMorgan Chase CEO Jamie Dimon that their companies refuse to bank with conservatives. (Yes, both denied it.) What’s not shown on the WEF video: the nervous laughter when Trump veered into hyperbole and insults against the outgoing Biden administration. As one U.S. CEO told me afterwards, “it feels unnecessary when the wind is already at his back.”

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