AFMC - Weekly Market Pulse: Questions

2024-02-20 15:19:00 ET

Summary

• Investing has numerous known unknowns and unknown unknowns, making it difficult to know anything for sure.
• The only things we know for sure in investing are the things we can directly observe.
• The movements of interest rate and the dollar are, at least in my opinion, the most important information for investors to track.

Reports that say that something hasn't happened are always interesting to me because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. But there are also unknown unknowns-the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tends to be the difficult ones.

-Donald Rumsfeld, 2002

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.

- Mark Twain, Josh Billings, and/or several other people you've never heard of.

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