In Search Of Certainty Amid Uncertainty Nonsense

Dallas Fed president Robert Kaplan wants to pause hikes until "uncertainties" settle down.

In a Bloomberg interview today, Kaplan cited uncertainties and wants a pause in interest-rate hikes.

"We shouldn't be taking any further action until some of these uncertainties resolve themselves," said Kaplan.

He also stated that he wasn't mulling an interest-rate cut but he is open to slowing down the pace of the shrinking of the central bank's balance sheet.

Uncertainty Nonsense

What a joke. The way these charlatans phrase these things is always in the context that certainty is a "good thing".

What if the uncertainties give way to a 100% proven recession?

The Bernanke- and Yellen-Fed both delayed hikes too long hoping for "certainty". They did not want to kill a recovery.

What they got is a 100% certified bubble that is now imploding. That's at least as certain as the certainty they seek.

Fed a "Beacon of Certainty"

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What a hoot. Back in November, a JP Morgan strategist Samantha Azzarello called the Fed a "beacon of certainty" compared to markets and politics.

Gold Needs Certainty

The Scrap Metal Register proclaims Gold needs certainty from fed to accelerate higher.

Apple Uncertainty

Also, note that Apple Cites "Mounting Uncertainty"

Since Apple wants certainty, I can help.

Apple Certainty

  1. Apple sells phones, a commodity.
  2. The competition sells phones that are arguably as good, for less money.
  3. At some point, consumers will no longer pay for a name.
  4. At some point, it is inevitable consumers will decide new features and upgrades are not worth the price. The same thing happened with computers.

It is uncertain when points 3 and 4 will happen, but it looks like it has started.

Looking for certainty?

I can help. It is 100% certain that portions of the yield curve are inverted.

(Click on image to enlarge)

The yield curve is flashing recession warnings. That is certain.

I believe recession hits in 2019. But that's uncertain.

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