Dimon, Dalio, Lagarde and more: Top CEOs and policymakers on what's next for markets
U.S. President Donald Trump has only been in office for a matter of days, but his impact on markets has already been significant.
U.S. stocks notched back-to-back weekly gains last week and although the rally paused on Friday, the S&P 500 still hit a fresh record during the day.
It comes after the U.S. leader called for lower interest rates and cheaper oil prices in a Thursday address at the World Economic Forum in Davos, Switzerland. Investors have also been betting on potential tax cuts and deregulation under the new president, sending stocks higher.
Not everyone is bullish looking ahead, however, with some — such as JPMorgan Chase CEO Jamie Dimon — suggesting markets could be overpriced.
After a week of interviews with business leaders, lawmakers and investors in the Swiss ski resort, here's what top industry names told CNBC:
"I'm cautiously optimistic — that being said I have scenarios where it could be pretty bad," Fink told CNBC's Andrew Ross Sorkin.
"I believe if we were to unlock all this private capital we're going to have enormous growth, [but], at the same time, some of this is going to unlock new inflationary pressures," he explained. "And I do believe that's the risk that is not factored into the market."
Pick said he believed corporate earnings could lift growth in markets over the next 12 to 24 months as they "continue to be strong."
"That is kind of the indicator … How many companies right now are really talking about recession, how many are talking about inflation? I feel like the earnings pull through looks pretty sanguine," he said.
"More importantly, I know we like to look at the index, but the index is dominated by half a dozen technology companies — which, by the way are all doing great — but if you look at