Goldman Sachs Favors Equities Over Bonds

The video discusses the current state of equity exposure, comparing it to bonds in light of changing real yields. It explores the potential for a market correction and the implications of recession risks, analyzing various market indicators. The discussion also covers asset allocation strategies, emphasizing the importance of equities for inflation hedging and nominal growth claims, while considering the timing for potential risk downgrades.

In what ways do equities provide inflation hedging capabilities compared to bonds?

What conditions would lead to a change in asset allocation away from equities?