Mary Mount Research - Macro Report - Caution

Caution is warranted, US equities are a safer place to be than RoW

Let’s survey the territory quickly, empirically and draw a few conclusions:

Firstly, personally, I prefer to have a process that isn’t reliant on being precisely right, or on successfully predicting the price or outcome of an event at a given point in time.

Why is that? Firstly, I do not have an edge predicting outcomes. S…