Manlobbi observes re the USA, "the power structure remains heavily dedicated to investors interests. Public interest - not; investor interests - indeed. I find that unlikely to significantly change."

I'm less sanguine about that than you are, my friend.

When the President of the US states his intention to sell early access to his market-moving "truths," not to mention the multitude of past and continuing grifts, it feels more and more like a casino and less like an institution operating in the long-term interests of investors.

I presume there's a reason why Monégasques are prohibited from gambling in the Monte Carlo Casino.

So, I continue to move a portion of our investments into shares of non-US companies, primarily European-domiciled ones.