Kassam: Will Stay Cautious on Equities

The video discusses the current economic conditions compared to the 2007 crisis, emphasizing the reduced leverage in both private and public sectors. It covers market interventions by central banks, particularly the Bank of England and the Bank of Japan, and their impact on systemic risks and currency values. The speaker provides investment strategies, suggesting a preference for cash and commodities as hedges against inflation. The video concludes with an analysis of the UK economy, highlighting potential risks but downplaying the likelihood of systemic threats.

What key factor contributed to the crisis that began to unravel in August 2007?

How does the current level of leverage compare to that of 2007 according to the speaker?

What is the speaker's opinion on the Federal Reserve's ability to manage economic pain?

What does the speaker suggest about the Bank of Japan's current economic strategy?

In the context of investment, what asset classes does the speaker recommend considering?