, Columnist
Davos Warms to Trumponomics
Tax cuts are popular with global elites, but their effects will likely melt with the snow.
Will Trump's numbers melt with the snow?
Photographer: Simon Dawson/BloombergHave criticisms of Donald Trump’s economic policy gone too far? Whisper it quietly, but 12 months after the beginning of the Trump presidency, several economists and business leaders appear willing to give Trump and his tax reform a chance.
It may be down to the stock market highs, or perhaps to the announcements by companies like Apple and Wal-Mart that they are willing to invest in the U.S. and pay workers higher wages. Still, the apocalyptic fears that accompanied Trump’s arrival at the White House could not seem farther away.