“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...
[TLR's technology support provider is retiring on December 31 and TLR needs a replacement. Recommendations are solicited.] “How should America’s education system balance critical thinking and knowledge stuffing?” – The Lonely Realist No matter your perspective on education, virtually all measurement mechanisms reach the conclusion that America’s...
“Like a broken clock, permabears are right once every cycle.” – Cassandra Last week’s TLR provided a compilation of permabear pretexts that led one reader to highlight an interview from Moneywise in which Mark Spitznagel, chief investment officer of Universa Investments, insisted that the “worst market...
“The ‘Permabear interview’ is a challenge to Cassandra’s 2025 predictions.” – The Lonely Realist A year ago, Cassandra predicted that “the Fed will continue to follow an easing path and, although it will use tough-talk to temper over-exuberance, it will not tolerate a recession. With inflation...
“Voters expect change…, and change they will get.” – The Lonely Realist There are any number of ways in which the incoming Trump Administration will disrupt the status quo. Presidential Power. Domestically, Donald Trump will transform Federalism Federal power by greatly expanding the prerogatives of America’s Executive:...
"The only difference between death and taxes is that death doesn't get worse every time Congress meets.” – Will Rogers “This time can be different.” – The Lonely Realist President-elect Trump has a unique opportunity to magnify his historic election victory by reforming dramatically improving America’s tax system...