Marathon CEO Richards Agrees With Dimon: Avoid the Banks

The video discusses current investment opportunities, focusing on commercial real estate and the challenges faced by the banking sector due to stricter regulations and higher loan loss provisions. It highlights the issues of business debt and increasing defaults, and explores strategies for deploying capital in the current market conditions. The discussion emphasizes the importance of having dry powder ready for future market dislocations.

What is meant by 'dry powder' in the context of investment?

What are the implications of the current interest rates on investments according to the speaker?