Contrary Thinker's Market Letters

Contrary Thinker's Market Letters

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Every Truce Is a Trade Against History

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Contrary Thinker
Jul 13, 2026
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Eighty years of American conflict resolve one way. The market is trading the other.

Congress last declared war in 1942. Every American shooting conflict since has carried a quieter name. Korea was a police action. Vietnam was a conflict. Later came the authorization for use of military force (AUMF), the intervention, the named operation, and the Obama-er…

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