Switzerland 2013: Davos World Economic Forum Annual Meeting
Jan 16, 2013
For more than 40 years, the mission of improving the state of the world has driven the discussion at the Annual Meeting. This January in Switzerland, we will participate and collaborate with influencers from around the world. The event remains the foremost creative force for engaging global leaders.
The Coming Year's Financial Outlook
The biggest story of 2013 is the outlook of American fiscal policy. If the fiscal cliff materializes, the results will slow the global economy. By the midpoint of the New Year, the hope is that Europe's recession will settle down and constraints on global growth will loosen.
Insight and perspective on developing economic trends
With 2012 in the economic rear view mirror, all eyes are focused on what’s ahead for in the year ahead. Collectively, some of our top economic visionaries see companies re-focused on growth, investors comfortable with higher risk in return for higher yield, corporate cash coming off the sidelines in emerging markets, and increased activity in M&A.
- Multinationals Focus on Growth and Expansion in 2013 Video
- Factors Pointing to Positive Momentum in 2013 Video
- More Optimistic, More Confident in 2013 Video
A region and a natural resource
Key to successful investing is the ability to spot and capitalize on trends. Here are two that we believe could offer attractive upside potential: the Asia Pacific region, and global Water Management. The Asia Pacific region is growing faster than any other region in the world. Wherever there is growth, there’s opportunity for healthy investment returns. And along with that region, there’s a natural resource that could create a $1 trillion market by 2020: water management. Water is projected to be more scare than oil in the future. And if today’s rising oil prices are any indication, water could present similar upside opportunities for investors.
2013 Davos: The Connection Imperative
At a time of continuing economic uncertainty, nine out of ten global decision makers now believe greater collaboration between business, government and other organizations is essential if the world’s economy is to recover. PSB, on behalf of Bank of America, conducted a poll of 2,112 global decision makers drawn from the worlds of business, government and NGOs in twelve markets (Germany, France, Italy, Russia, UK, Brazil, Mexico, US, China, India, Japan and South Africa).
Bank of America Forms Global Advisory Council
Bank of America announced the formation of the Bank of America Global Advisory Council with the appointment of 13 internationally recognized business, academic and public policy leaders. The Global Advisory Council will share expertise and insights on the bank’s global engagement and help it further strengthen its worldwide relationships.