The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.

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In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps.

  • “There is and will be further collateral damage from the Iran War.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... We are 7 weeks into the Iran War and markets have been soaring. even more so following comments made by President Trump...

  • “Three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty.” – Carl von Clausewitz “Beware the ‘fog of war.’” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... When asked in...

  • “Hope for the best, but plan for the worst.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... Today’s TLR continues to analyze the potential economic fallout from the Iran War by assessing the consequences of two “what if” possibilities: What if (1)...

  • “History doesn’t repeat itself, but it often rhymes.” – attributed to Mark TwainLoading the Elevenlabs Text to Speech AudioNative Player... TLR earlier this month addressed three possible outcomes for the Iran War. The first is the one sought by America and its allies: America and Israel...

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The Irritating IRS*

The Irritating IRSLoading the Elevenlabs Text to Speech AudioNative Player… Who likes the Internal Revenue Service? Raise your hands now. Hmmmm. No hands. The U.S. has a self-assessing income tax system. Each year, every taxpayer is required to report income to the IRS, determine how

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That Great Sucking Sound

“The West needs to adopt a 21st Century strategy to address the economic, political and military fallout from the Ukrainian War.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… That great sucking sound you’ve been hearing is America being drawn back into

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Recession Redux

“Cassandra is predicting a worsening recession.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… TLR this week received the following letter from Cassandra (ED NOTE: a reminder that nothing in TLR is investment advice): “Dear Mr. Realist: I’m writing as a follow-up

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William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill’s opinions, have not been edited or reviewed, and do not reflect the views or opinions or any other person.