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. 

  • “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...

  • “Should Executive Power be subject to judicial checks and balances?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... TLR recently received the following question from a reader: “Curious what your thoughts are on Federal District Judges blocking much of the Trump agenda?”...

  • “Keeping America out of foreign wars is a priority for Trump 2.0.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... If the past is prologue, the foreign policy lesson taken from Trump 1.0 is that Trump 2.0 will assiduously avoid armed conflict....

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America’s Love Affair with TINA Continues

As TLR wrote last year (here), since March 2009 investors have had no better alternative than to own equities …, which is why the acronym, TINA – There Is No Alternative –, has been applied to owning stocks over other asset classes.  Although having an

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Trumpian Tax Reform

“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 RealistLoading the Elevenlabs Text to Speech AudioNative Player… President-elect Trump has a unique opportunity to magnify his historic

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Constitutional Free Speech

The First Amendment of the U.S. Constitution says that America’s government cannot limit peoples’ right to speak freely.  The government cannot censor speech (other than criminal speech) and it cannot regulate the right to say, or not to say, whatever an American wants to say

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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.