“Never bet against a stock index.” – The Lonely Realist America’s stock markets have been on a tear for the past 15 years. The S&P 500 index, down below 700 in March 2009, now is cresting 5,300, having increased more than 7.5x. Can it continue rising...
“Regulatory whipsawing is undermining American business.” – The Lonely Realist Consistency in policy and law-making provides the optimal foundation for strong economic growth. Uncertain government policy inhibits economic planning and therefore is business’s bane. Alternating political party Presidencies over the past 32 years provide a demonstrably...
“There’s something happening here, what it is ain’t exactly clear.” – Buffalo Springfield Both gold and Bitcoin are at dizzying highs. Why? It’s easy to be seduced by the almost-universal levitation of everything – the Magnificent Seven, global stock indices, residential real estate, corporate bonds, etc. –,...
“I am your warrior. I am your justice, and for those who have been wronged and betrayed, I am your retribution.” – Donald Trump, February 5, 2024 Retribution: deserved and severe punishment. Is Donald Trump’s February 5, 2024 rhetoric election year bombast? Or has the former President...
A TLR reader forwarded the following March 7 news item from Seeking Alpha: "The proposal had been pitched for years, but the SEC has finally adopted new rules that will require many public companies to disclose climate-related risks in their financial statements and annual reports. Lively...