'Global economic outlook': World Economic Forum wraps up in Davos

Watch on YouTube ↗  |  January 23, 2026 at 12:29  |  6:06  |  CNBC
Speakers
Andrew Ross Sorkin — Co-Anchor, Squawk Box
Christine Lagarde — President, European Central Bank
Steve Liesman — Senior Economics Reporter

Summary

Andrew Ross Sorkin recaps the close of the World Economic Forum in Davos after moderating the closing global economic outlook panel. He highlights Christine Lagarde's call to rebuild trust, the week's U.S.-Europe tensions and Greenland headlines, and the market's resilience despite geopolitical noise. Sorkin says European countries and others increasingly believe they must invest in their own economies and defense. The segment also previews interviews with DeepMind CEO Demis Hassabis and Binance founder CZ.

  • The World Economic Forum in Davos concluded; Sorkin moderated the closing global economic outlook panel.
  • Christine Lagarde emphasized truth, trust, and the need to rebuild eroded trust.
  • Greenland military-action fears eased after a framework was set, but U.S.-Europe trust concerns remain.
  • Sorkin said European countries and others may need to invest more in domestic economies and defense.
  • Markets have been relatively resilient and global economic optimism persists despite geopolitical noise.
  • Tariff developments and U.S.-Europe relations remain risks to watch.
  • Upcoming CNBC interviews include DeepMind CEO Demis Hassabis and Binance founder CZ.
Ideas
Andrew Ross Sorkin Co-Anchor, Squawk Box 5:16
Europe must invest in own defense.
Sorkin says many European countries and others now believe they cannot rely on America and need to invest in their own economies and defense. He notes some EU members argue this could be a good thing, though concerns remain about the broader consequences, creating a policy-driven tailwind for European defense/self-reliance.
Up Next

This CNBC video, published January 23, 2026, features Andrew Ross Sorkin discussing European Defense. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Andrew Ross Sorkin  · Tickers: European Defense