Mary Callahan Erdoes on the mood in Davos

I would say the tone here, having come here for the past decade, is less depressed than it often is, which is a good sign of hope of what's happening out there in the world, having come off of the most difficult year for a balanced portfolio, 60/40, whether you were in stocks or bonds or anything in between.  It was pretty rough sledding and so I think everyone's happy that that's behind us and looking forward.

~ Mary Callahan Erdoes, JPMorgan Chase, Bloomberg TV interview in Davos, 0:20 mark, January 18, 2023