Davos warning from global leaders: Don't party too hard as growth picks up

Booming stock markets and the best global economic growth in seven years are fueling record levels of optimism among chief executives, according to a survey released by PwC on Monday

Enjoy the party while it lasts: That was the opening day message for the corporate and political leaders attending the World Economic Forum’s annual meeting.
 
Booming stock markets and the best global economic growth in seven years are fuelling record levels of optimism among chief executives, according to a survey released by PricewaterhouseCoopers LLP late Monday in Davos, Switzerland.
 
But just hours earlier, the International Monetary Fund used the gathering to argue that while the outlook for this year and the next was better than previously anticipated, a recession may be closer than many acknowledge and that investors