WASHINGTON, DC - OCTOBER 24: (L-R) Liz Hoffman, Business and Finance Editor, Semafor, and Sergio P. Ermotti, Group CEO UBS, speak onstage during Semafor World Economy Summit Fall - Day 1 at Gallup Great Hall on October 24, 2024 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor Inc.)