The Cost of Holding Cash in the Current Market

The video discusses the low cost of optionality and its implications for investment strategies. It highlights market behaviors, such as the unexpected bounce back from Brexit, and the role of cash as an insurance policy. The discussion covers the bond rally, US economic growth, and the Federal Reserve's interest rate policies. It also examines the cost of holding cash for corporates and the strategic decisions they face. Finally, it addresses risk management, emphasizing the importance of diversification and understanding asset correlations.

What is the speaker's perspective on the current state of growth in the US economy?

What strategies does the speaker suggest for achieving diversification in an investment portfolio?