Former Goldman Sachs CEO Lloyd Blankfein on why he's 100% in equities

Economic Outlook - The current economic environment is described as benign, with expectations of lowering interest rates into a bull market, which is seen as favorable for the markets [8][14] - There is a concern about potential hidden risks, particularly related to credit leverage that may not be immediately visible [10][11] Risk Management - The discussion emphasizes the importance of identifying and managing tail risks, suggesting that while the market appears strong, there are underlying vulnerabilities that need to be monitored [22] - Historical patterns indicate that significant market crises tend to occur roughly every four to five years, suggesting that the market may be due for a correction [12][21] Investment Strategy - The current investment strategy leans heavily towards equities, with a belief that the market is positioned for growth, particularly in technology sectors [13][14] - There is a recognition that larger companies are better positioned to leverage new technologies, making them attractive investment opportunities [23]