Strategic Asset Allocation and Investment Focus

The chapter explores the speakers' diversified investment strategy, emphasizing a shift towards private assets like real estate, multi-family, and industrial logistics. They express concerns over the real estate market due to interest rates and upcoming loan maturities, highlighting a focus on long-term investments. The conversation also covers reducing exposure to US equities in favor of private assets, discussing the impact of the interest rate environment on fixed income, global leverage levels, and the growing US deficit.