“2024 was a volatile year. What are the domestic prospects for 2025?” – The Lonely Realist The Optimists: Perhaps Cassandra will be right: “The Fed will continue to cut interest rates well into 2025, driving GDP and stock market prices higher. America’s corporations have seen their...
“Fear and greed cut two ways.” – The Lonely Realist The predictions Cassandra made two years ago were prescient. She said that the Fed’s successful management of America’s economy has proven it to be “a highly capable economic general [whose] creative policies avoided depression following the...
“Is the bull back?” – The Lonely Realist The bear warnings have been ominous. Virtually every seasoned analyst today is predicting a 2023 recession. One of America’s premier economists, A. Gary Shilling, goes further, saying that the recession already has started …, although it “won’t be...
“It’s the economy, stupid!” – James Carville (1992) Americans vote their wallets. Whether they like the incumbent’s or the challenger’s policies … or hate them both, they’ll vote for the candidate they believe will impact most positively on their economic health. If America’s economy has been...
“No one enjoyed watching this past year's "The Big Bust." Inflation, crypto winter, bank crises. Wow! How will this movie end?” – The Lonely Realist The Big Boom, America’s favorite movie for more than a decade, ended its run more than a year ago. Its sequel,...