Squawk Pod Davos 2026: David Beckham & Brian Moynihan 1/20/26
Jan 20, 2026
Join Brian Moynihan, CEO of Bank of America, as he dives into market reactions following geopolitical shocks, including tariffs' impacts on the economy. David Beckham, former soccer star and co-owner of Inter Miami CF, shares insights on the bank's Sports With Us initiative, aiming to democratize sports access. Beckham also discusses soccer's growth in the U.S. and his efforts to inspire youth through coaching and community initiatives. Together, they explore the role of social media in shaping the future of sports and youth empowerment.
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Geopolitics Spurs Short-Term Market Volatility
- Geopolitical moves can quickly inject volatility into markets by creating uncertainty around income streams.
- Brian Moynihan says Davos provides the forum and 48 hours for leaders to work toward solutions.
Tariff Noise Versus Full Shock
- Tariff threats hit markets differently depending on scale and clarity of policy.
- Moynihan contrasts this wave with last April's bigger tariff shock that froze markets.
Don’t Assume Policy Tools Vanish
- Expect policy toolkits to be redeployed even if one legal route is blocked.
- Moynihan advises not to assume a capability like emergency tariffs will disappear permanently.