What factors are contributing to the high cash levels in institutional portfolios?
DBS: Overweight U.S. & Asia ex-Japan Equities

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1.
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2.
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How has the market breadth changed in the US according to the discussion?
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3.
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What are the implications of the digital economy on technology companies?
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4.
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What concerns are raised about retail investors entering the equity market?
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5.
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What is the significance of the zero brokerage fees mentioned in the discussion?
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6.
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3 mins • 1 pt
What role does gold play in the investment strategy discussed?
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7.
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How should one approach the construction of a portfolio in the current market environment?
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