“With stocks priced to perfection, America’s love affair with equities may be waning. Are there attractive alternatives?” – The Lonely Realist As TLR noted this past May, the Federal Reserve has the ability to deflate inflationary excess …, including priced-to-perfection equities. It merely has to “remove...

“The wings of black swans darken today’s sky.” – The Lonely Realist Black swan events are unpredictable surprises that portend unforeseeable and potentially severe consequences. The world is awash in 1930’s-like risks, some of which lurk in plain sight and others of which have not yet revealed...

“Prices of homes, rental units, employees, healthcare, autos, food, staples, transportation, commodities, etc., are rising. Is there anything that isn't politicized in 21st Century America?” – The Lonely Realist The inflationary picture (as well as almost everything else in America’s economy) rests in the capable hands...