More than fourteen hundred buisness leaders are here in Davos - and unsurprisingly - their mood is more than a little subdued, according to a survey.
Consultants PwC, have been asking why in a new poll released in Davos this week.
Only one in five expect growth this year, while only a third are very confidant their business will grow in the next three years.
Reuters economics editor, Nick Edwards, met with Tony Poulter - PwC's global head of consulting, and asked him what the survey found.