“Human beings who can predict tomorrow’s stock market action quickly become wealthy. They are considered geniuses. If they could accurately predict the weather one week out, they’d be considered clairvoyant. Unfortunately, no person can consistently forecast the stock market even only one day out, or...
The Gordian Knot is a legend about Alexander the Great in which his cutting the Knot became a metaphor for solving an intractable problem. Alexander reputedly accomplished the seemingly impossible challenge of untying the Knot by efficiently slicing through it with his sword. America would find...
TLR considered alternate titles for today’s commentary and stuck with “Fractured America” because it conveys the shocking reality that American society is coming has come apart. It has not simply bifurcated separated into a few dissimilar schools of thought. It has come unglued, sundered, splintering...
The Lonely Realist is now on Twitter here! The last time TLR talked with Cassandra about economics was in September 2020 when she correctly conveyed a short-term bearish prophesy forecast for stocks (here). The Dow Jones Industrial Average (DJIA) from September-October promptly declined from 29,100 to...
“Faking it 'til you make it” is a Silicon Valley maxim. Unfortunately, “faking it” at times means committing fraud, though determining what is "fraud" is complicated ...