(Harvest)There is the foundational view that increased uncertainty will and should lead to changes in our economic behavior. There should be an increased desire for caution. Investments in the future should be smaller or deferred. There should be an increase in the holding of cash versus any risky investment. Actions may be scaled or averaged to reduce potential regret. Risk aversion will impact the return needed to offset the risks faced. Uncertainty should be avoided or at least approached with caution.
The Most Important Chart for 2017 – Embrace the Current Uncertainty
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