
The euro survived. Washington is expected to muddle through its fiscal crises. China is heading for a soft landing, and markets and corporate earnings are recovering.
Nearly five years after the banking meltdown, the world economy is back on track, right?
As policymakers and senior executives fly off for a week of brainstorming and partying in the Swiss mountain resort of Davos, they may be tempted to pat themselves on the back.
Yet many are more pessimistic about the future than they were 12 months ago, according to a survey by the World Economic Forum, host of the annual Davos shindig from January 23 to 27. Clouds over Davos include anemic growth, rising social tensions and increased volatility in emerging markets.
This morning on "Early Start," CNN's Ali Velshi reports live from Davos on the World Economic Forum.
READ MORE: Davos: Too soon to celebrate


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