Davos Now a Contrarian Indicator, says Summers

The transcript discusses economic concerns, including secular stagnation and financial conditions, and the sentiment at Davos. It highlights the impact of trade tensions on the European economy and ECB's monetary policy. The conversation also touches on unionization and its potential to address income inequality in the U.S. by empowering workers and increasing wages.

What are the fundamental issues that Larry believes are affecting the Fed's ability to raise interest rates?

How does Larry perceive the sentiment at Davos in relation to economic indicators?

What risks did Christine Lagarde highlight regarding the euro area growth outlook?

What does Larry identify as a long-term trend regarding unionization in the United States?

In what ways does Larry suggest that empowering workers could impact the economy?