Donald Trump’s tax cut is the real star at Davos

Given what is happening in his country’s economy and financial markets, Donald Trump will undoubtedly have a greater swagger than usual, writes Jim Power.

The annual Global Economic Forum in Davos — which is basically a January gathering of global economic, political and academic leaders to discuss the economic, social and political issues of the day — has been very challenging in recent years.

In the midst of a once-in-a-lifetime global economic and financial shock, with a smattering of severe political dislocation thrown in for good measure, the mood has been sombre and the problems difficult.