The Hotel Lafayette in downtown Buffalo, New York, was the site of the first-ever meeting of the Optimist Club, which gathered during a tumultuous period for financial markets following the panic of 1910. Research has shown that optimism provides a sense of control. As uncertainty hovers over markets today, investors might seek to harness the power of optimism to overcome financial stress and make better decisions for their portfolios. Can investors remain optimistic while also surveilling markets for downside risks? Economist Brad DeLong, author of Slouching Towards Utopia , and the CFA Institute Research Foundation's Laurence Siegel, author of Fewer, Richer, Greener , join PGIM Fixed Income's Robert Tipp, Chief Investment Strategist and Head of Global Bonds, to discuss reasons for investors to be optimistic about the future, particularly as opportunities emerge in the bond market.
