Davos

The Davos Elites Still Don't Agree on What's Next for Central Banks 

  • Davos elites rue possible bubble amid steady global growth
  • Markets are ‘priced pretty much for perfection, Moelis says
Entrance hall of the Congress Center at the World Economic Forum in Davos.Photographer: Jason Alden/Bloomberg
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The quarreling elites gathered at Davos agreed on at least one thing about the world’s central bankers: they’re going to have a hard time getting out of the cul-de-sac of their own making.