You will own nothing and be happy. That was the mantra of the World Economic Forum (WEF Davos) a few years ago.

If you read between the lines, this is how things play out:

  • Privacy is a luxury
  • Owning a home is a luxury
  • Raising kids is a luxury
    > — YOU ARE HERE — <
  • Owning clothes is a luxury
  • Food is a luxury
  • Water is a luxury

In 2026, it’s something entirely different. The WEF is congregating in Davos, Switzerland, as we speak, and a deal over Greenland with heavy concessions from both President Donald Trump, the keynote speaker, and European leaders will be hammered out.

(Source: WEF)

Ironically enough, the official theme for WEF Davos 2026 is “A Spirit of Dialogue,” which seems directed at those who bothered to show up, those who stayed home, and those who are actively provoking the global order from the Alpine stage.

This is Trump’s first time at Davos since 2020, arriving with what WEF officials describe as the largest US delegation ever assembled, including Marco Rubio, Howard Lutnick, and Treasury Secretary Scott Bessent. Here are the top two things to watch for at this year’s WEF:

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#1: Who’s Missing From WEF Davos? When the Levee Breaks

(Source:Polymarket)

Absences are doing just as much talking at this year’s WEF 2026.

Xi Jinping is not attending, nor is India’s prime minister, nor Brazil’s leadership. Most strikingly, Denmark has opted out entirely as tensions over Greenland escalate following Trump’s tariff threats against European allies resisting US acquisition ambitions.

European leaders are present, but strained. Emmanuel Macron, Mark Carney, and German Chancellor Friedrich Merz are all expected in person. One senior European delegate told CNBC off-record that Davos now feels less like damage control for geopolitics.

“Tariffs would undermine transatlantic relations and risk a dangerous downward spiral.” – Ursula von der Leyen

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#2: Will Stocks And Crypto Keep Crashing? (Davos as Power Theater)

Markets are crashing into the Earth’s crust from US-related tariffs and the big ask is whether Trump will address it. According to FRED, long-dated bond yields remain elevated, reflecting persistent geopolitical risk premiums.

Gold continues to attract haven flows, while crypto markets show divergence rather than uniform risk-on behavior.

Bitcoin  is down 16% over the last three months and energy traders, meanwhile, are watching Europe closely. Any sustained tariff escalation risks fracturing supply chains already strained by AI-driven electricity demand.

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Market Cap

Davos bills itself as dialogue-driven, yet this year’s does feel like most investors and politicians want Trump and Europe to put out fires rather than focus on vague tech-driven promises for the future.

This feels less like a conference and more like a soft census of global power. In that sense, Davos 2026 is already delivering clarity, but none of it has been comforting.

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Key Takeaways

  • The WEF is congregating in Davos, Switzerland, as we speak, and a deal over Greenland with heavy concessions from both President Donald Trump and Euro.
  • Bitcoin is down 16% over the last three months and energy traders, meanwhile, are watching Europe closely.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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