[TLR IS TRAVELING AND ON WEDNESDAY RECEIVED THE FOLLOWING LETTER FROM CASSANDRA:] “A recession (along with increasing inflation) is fast-approaching.” – Cassandra Dear Mr. Realist: Allow me to return to the conversation you and I shared several months ago. The developing weaknesses in the U.S. economy that I...

The following are two readers' comments on this week's commentary, “Ben Shapiro: Lions and Scavengers”: Comment #1: Thanks for your messaging on Charlie Kirk, but you completely missed Kirk’s point. Instead of emphasizing that speaking out on virtually anything should not be censored, you say that everyone should...

“It’s time – past time – to tone down divisive rhetoric.” – The Lonely Realist But that’s not what Ben Shapiro is doing. (And he’s not alone.) Although that's his Constitutional right…, he should exercise it more thoughtfully. From The Free Press (“Je suis Charlie”): “The acceleration...

A TLR reader has noted that in a September interview, The Financial Times reported that Ray Dalio echoed the conclusions reached by TLR in its August 30th commentary, "King Donald."...

“Stagflation is not a four-letter word.” – The Lonely Realist “Stagflation” is not necessarily a bad thing. It can be benign. It denotes a combination of slower-than looked-for GDP growth coupled with a higher-than-desired level of inflation. Given that most alternatives to stagflation are worse –...