Today the ATX has made its biggest jump in 3 years.

Shares like

$RBI (+0,75 %)

$EBS (+1,09 %)

$VOE (-0,28 %)

have risen well

Question: What do you think about Austrian shares?

January 20-24, 2025, Davos, Switzerland

The World Economic Forum (WEF) is an international organization founded by Klaus Schwab in Switzerland in 1971. It promotes cooperation between business, politics, science & civil society. The Annual Meeting takes place in Davos. The motto for this year:

"Cooperation in the age of intelligence"

The World Economic Forum 2025 is dedicated to a wide range of topics, including geopolitical tensions, economic growth and the transition to clean energy. At the same time, tech, AI, quantum computing & biotech also play an important role.

As always, there will be posts on all relevant topics from @HennRes & @Michael-official will be published. Under the #wef2025 you will be able to view all posts in chronological order.

Main topics:

• Rethinking growth: How can we tap into new sources of economic growth?

• How can companies respond to tech and geopolitical upheaval?

• What measures promote education, health & human capital?

• How can innovative partnerships & techs drive climate protection?

• How can cooperation be strengthened to overcome social divisions?

Participants from politics & business.

Over 350 government representatives, including 60 heads of state & government, 1600 people from the private sector, including 900 CEOs and over 170 people from NGOs, trade unions, academia and indigenous peoples are also present.

The key figures from politics are:

• 🇺🇸 Donald J. Trump(soon to be) President of the USA (via video link)
• 🇪🇺 Ursula von der Leyen, President of the European Commission
• 🇨🇳 Ding XuexiangVice Prime Minister of the People's Republic of China
• 🇦🇷 Javier MileiPresident of Argentina
• 🇩🇪 Olaf Scholz, Chancellor of Germany
• 🇿🇦 Cyril Ramaphosa, President of South Africa
• 🇪🇸 Pedro Sánchez, Prime Minister of Spain
• 🇨🇭 Karin Keller-Sutter, President of the Swiss Confederation 2025
• 🇺🇦 Volodymyr Zelenskyy, President of Ukraine

Executives from the private sector (who are expected/ not offical)

Technology sector

• 🇺🇸 $MSFT (-1,57 %) (Microsoft) - Satya Nadella, CEO
• 🇺🇸 $AMZN (-2,39 %) (Amazon) - Andy Jassy, CEO
• 🇺🇸 $IBM (-0,47 %) (IBM) - Arvind Krishna, CEO
• 🇺🇸 $MSFT (-1,57 %) (Microsoft) - Bill Gates, co-founder and head of the Bill and Melinda Gates Foundation
• 🌎 Cohere - Aidan Gomez, CEO
• 🌎 $META (-1,11 %) (Meta) - Yann LeCun, AI scientist
• 🌎 OpenAI - Sam Altman, CEO
• 🇺🇸 $TSLA (-4,32 %) (Tesla) - Elon Musk, CEO

Financial sector

• 🇪🇺 ECB - Christine Lagarde, President of the European Central Bank
• 🇫🇷 ECB - Francois Villeroy de Galhau, President of the French Central Bank
• 🇩🇪 German Bundesbank- Joachim Nagel, President
• 🇺🇸 $BLK (BlackRock) - Martin Lück, Chief Investment Strategist
• 🇳🇱 $ING (-0,3 %) (ING) - Carsten Brzeski, Chief Economist at ING Germany

Banking sector

• 🇺🇸 $JPM (-0,57 %) (JPMorgan Chase) - Jamie Dimon, CEO
• 🇨🇭 $UBSG (+0,91 %) (UBS) - Sergio Ermotti, Group CEO
• 🇨🇭 $UBSG (+0,91 %) (UBS) - Colm Kelleher, President
• 🇩🇪 $DBK (+0,12 %) (Deutsche Bank) - Christian Sewing, CEO
• 🇺🇸 $GS (-2,21 %) (Goldman Sachs) - David Solomon, Chairman and CEO
• 🇺🇸 $BAC (-0,56 %) (Bank of America) - Brian Moynihan, CEO
• 🇺🇸 $C (-1,37 %) (Citigroup) - Jane Fraser, CEO
• 🇬🇧 $HSBA (+1,02 %) (HSBC) - Mark Tucker, Group Chairman
• 🇬🇧 $HSBA (+1,02 %) (HSBC) - Michael Roberts, CEO of HSBC Bank
• 🇺🇸 $MS (-1,6 %) (Morgan Stanley) - Ted Pick, CEO
• 🇬🇧 $BARC (-0,18 %) (Barclays) - C.S. Venkatakrishnan, CEO
• 🇫🇷 $GLE (+0,52 %) (Société Générale) - Slawomir Krupa, CEO
• 🇮🇹 $UCG (-0,29 %) (UniCredit) - Andrea Orcel, CEO
• 🇦🇹 $BG (+1,34 %) (BAWAG Group) - Anja E. M. W. Schreiber, CEO
• 🇦🇹 $EBS (+1,09 %) (Erste Group) - Andreas Treichl, CEO

Industry sector

• 🇩🇪 $BAYN (+1,43 %) (Bayer) - Bill Anderson, CEO
• 🇨🇭 $NESNE (Nestlé) - Mark Schneider, CEO
• 🇬🇧 $ULVR (+0,79 %) (Unilever) - Hein Schumacher, CEO
• 🇨🇳 SHEIN - Donald Tang, Vice Chairman
• 🇮🇳 ADANIENT (Adani Enterprises) - Gautam Adani, Chairman

... and many more from the Tech, Banking, AI, Biotech, Pharma, Industrial, etc. sectors.

The debt capital market (Debt Capital Market, DCM) enables corporations and governments to raise capital through the issuance of bonds and other debt instruments. This is a list of the top players per region:

• Bank of America Securities ($BAC (-0,56 %))
• Is not only the largest player in North America, but also globally. It remained in second place for global issue volumes and fee income and rose in the rankings for high-yield bonds in the USA from 5th to 3rd place.

• Erste Group ($EBS (+1,09 %))
• supported Central and Eastern Europe with significant deals such as the issuance of € 600 million sustainability-linked bonds for CEZ ($CEZ (-0,86 %)) and green bonds of 500 million euros for Ceske drahy.

• Deutsche Bank ($DBK (+0,12 %))

secured outstanding deals in Europe, including a 2.5 billion US dollar bond from the European Bank for Reconstruction and Development and a 3.3 billion US dollar bond offer from the German Stock Exchange ($DB1 (-0,57 %)).

Subsequent purchase

Subsequent purchase of dividend portfolio

Bringing a little regionality into the portfolio...

Savings plan

First access