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 ...
TLR continues to ponder the question of what makes democracy so attractive and so enduring … and, more recently, so unstable (having discussed “The Widening Partisan Divide” here, America’s “Degenerative Democracy” here, and “America’s Broken Constitution” here). What is the secret ingredient that has made...
As TLR wrote last year (here), since March 2009 investors have had no better alternative than to own equities …, which is why the acronym, TINA – There Is No Alternative –, has been applied to owning stocks over other asset classes. Although having an...