In today’s CEO Daily: Fortune Editor in Chief Alyson Shontell reports from Davos on CEOs’ top 2026 agenda items.

The big story: Trust has become the crisis CEOs can’t ignore.

The markets: Still jittery from renewed trade war fears.

Plus: All the news and watercooler chat from Fortune.

Good morning. The atmosphere here at the World Economic Forum in Davos is all about nervous excitement as the Trump administration descends on the normally quaint but currently chaotic ski town in the Alps.