Monday, August 31, 2015

Dennis Gartman vs. Donald Rumsfeld

August 31, 2015
Gartman: I'm confused, but still buying stocks

I think this morning's action is as confusing as any as we have seen, all predicating upon whether the Fed shall or shall not move in September, whether it can or cannot move in September. And listening to the various comments from the monetary authorities in Jackson Hole Wyoming, I'm still confused as to whether they can or cannot move in September. - Dennis Gartman, August 31, 2015

The message is that there are no "knowns." There are things we know that we know. There are known unknowns. That is to say there are things that we now know we don't know. But there are also unknown unknowns. There are things we do not know we don't know. - Donald Rumsfeld, June 6, 2002

Your opinion may vary, but I believe that Rumsfeld won this round. If nothing else, he was much more concise. ;)

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