Tuesday, March 21, 2023

CS President appears in hiking boots

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Pragmatic Axel Lehmann

CS President appears in hiking boots

CS President Axel Lehmann is sitting on the podium at the WEF in a suit and hiking boots. The snow was predictable, other risks less so, says Lehmann.

Published: 6 minutes ago

CS President prepares for snow in Davos: appearance in a suit and hiking boots.


Danny SmurfEditor Sunday view

Axel Lehmann, President of Credit Suisse, said this morning in a panel discussion on the risk of a recession: “The world is becoming multipolar, there is no global recession.” China is opening, India is growing strongly. “There is hope,” says Lehmann.

The fact that interest rates are rising is good news for savers – and Lehmann sees many new opportunities for investors. The most difficult thing to predict is the geopolitical situation, says Lehmann.

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