“America can’t be experiencing inflation, stagflation, recession, deflation and modest growth all at the same time. Which will predominate depends on who you ask.” – The Lonely Realist TLR last discussed the economy with Cassandra in early June 2021 when she predicted that inflation would spiral...
“Could a decision by the Fifth Circuit radically shrink government?” – The Lonely Realist Yes. The Fifth Circuit Court of Appeals in New Orleans recently decided Jarkesy v. SEC, holding that the power and authority granted by Congress to the SEC is, essentially, unConstitutional. Your reaction should...
“There are three different definitions of ‘democracy’: one for those on the far right; another for those on the far left; and a third for everyone else.” – The Lonely Realist Is American-style democracy coming to an end? The answer depends on your definition of “American-style democracy.”...
In a letter to TLR on June 27, 2021, the "Delphic Oracle" offered predictions about America's economy, projecting ongoing asset inflation due to the Fed continuing its QE money-printing – which indeed continued – leading to higher stock prices (TINA) – which it did –,...
“Buy the dip! Sell the rally!” – The Lonely Realist The markets are wacko! What are they going to do next? Will stocks again start climbing the proverbial stairs back up to record heights … or will they continue riding the elevator down to depressing lows?...