Selected highlights from Trump's speech at Davos: US stocks will double.

date
22/01/2026
President Trump delivered a highly anticipated speech and engaged in a dialogue with the host at the World Economic Forum annual meeting in Davos, Switzerland on Wednesday. The following excerpt highlights the main points of his speech: Economy and Stock Market - Predicts that the US economy will grow at a rate of 5.4% in the fourth quarter - States that the recent drop in the US stock market is insignificant compared to previous gains, and predicts that the market will double in the future - States that the US is "vigorously developing" nuclear energy and has signed orders approving multiple nuclear reactors - Reiterates the demand for Congress to set a cap of 10% on credit card interest rates for one year Federal Reserve - States that the Chairman of the Federal Reserve will be a male and highly respected - Mentions that all Chairman candidates performed well in interviews, but their actions may change once in office Greenland - Calls for immediate negotiations to acquire Greenland, but does not want to use excessive force to take it - Mentions that the US handed Greenland back to Denmark after World War II, and says that Denmark is now "ungrateful" - Warns that the US will remember if Denmark defies the US on the Greenland issue NATO/Europe - Criticizes Canada for not being grateful to the US - Claims that acquiring Greenland will not threaten NATO, but will enhance the security of the entire alliance - States that the US is not treated fairly by NATO, as it gives more but receives too little - Believes that Europe is moving in the wrong direction, and that some places are "unrecognizable" - Hopes to have strong allies in Europe, not severely weakened ones, and wants Europe to remain strong Other - Mocks French President Macron for wearing sunglasses - States that all major oil companies will enter Venezuela with the US, and that the US will "split" the oil revenue with the country - Mentions that he will meet with Ukrainian President Zelensky on that day.