"SVB's excessive duration risk punched a government bailout ticket.” – The Lonely Realist The recent failure of Silicon Valley Bank (SVB) spotlights fatal flaws in America's banking system. America's bankers (as well as its uninsured savers) are being rewarded rather than punished for mismanaging their risks,...

“America’s leading politicians continue to play to their populist minorities.” – The Lonely Realist A recent NBC news poll found that 71% of Americans believe the country is headed in the wrong direction, the highest sustained level of pessimism in 30 years. A similar majority of...

“Is Fox News a news channel or an entertainment channel? That distinction could be determinative of whether Fox pays Dominion $1.6 billion in damages.” – The Lonely Realist Dominion, the voting machine company, has sued Fox News for $1.6 billion for defaming it, alleging that Fox...