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Even talking to CEOs, yes, they feel that earnings may be under pressure from margins,

from demand and things like that, but underneath it, they're making money and they're

selling stuff and things are going on and they it, they're making money and they're selling stuff and

things are going on and they worry about all the external possibilities. But overall, business

plans are solid and they continue to perform, but they're being careful because with higher

interest rates, that's more expensive. With higher interest rates, demand may change and so they're

being careful. But mild recession this year and the next year.

Ryan Moynihan, CEO of Bank of America, echoes the widespread optimism at Davos.

The implications of the global gathering in the snowy mountains of Switzerland is the focus of this week's views room.

Welcome back to the Viewsroom, the podcast from Reuters breaking views where columnists from around the world talk about the big stories of the week. I'm your host, Amy Donnellan, coming to you from London. The Global Economic Forum is well underway, but far from the great and good focusing on inflation, the threat of recession or an ongoing war in Ukraine, attendees

are much more positive. Recent inflation numbers are looking more encouraging and the stock

market is stabilising. But is this rosy view reflective of reality? And what should we make of the

fact that political leaders are no-shows? Stay tuned to hear the answers from my colleagues,

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