“Has the Trump Administration engineered a recession?” – The Lonely Realist President Trump is waging all-out war on the Federal bureaucracy, on America’s trade partners, and on America’s NATO allies. The execution of Trump 2.0 policies has created uncertainties that make business planning hazardous, and America’s...

“What do 21st Century Conservatives and Liberals actually believe in?” – The Lonely Realist As TLR has noted, modern American political conservatism is founded on four “right wing” principles: fiscal restraint, furthering traditional American values, pursuing a strong national defense, and incentivizing capitalist Darwinism. The core...

“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...