'Very Positive' on Equities Relative to Debt, Pengana's Glass Says

The video discusses the current state of the financial markets, focusing on the value of equities compared to debt, concerns over corporate debt, and the impact of monetary policy on social issues. It highlights the potential for fiscal stimulus and the role of gold as a hedge against economic risks. The speaker emphasizes the need for pension funds to allocate more to equities and the risks associated with Triple B corporate debt. The discussion also touches on the social consequences of monetary policy and the importance of fiscal measures.

What are the potential consequences of the current trends in equity and debt markets on the real economy?

What role does gold play in investment portfolios according to the discussion?