Submitted by QTR's Fringe Finance
All eyes are on Monday’s trading and Japan’s market open Sunday night.
What a week in markets. Just about two weeks after I wrote an article called “We Are On The Edge”, discussing how, if I had to pick only one trade to put on at the time, it would have been getting long volatility, we saw serious signs of an economy deep in recession emerge in the macroeconomic data on Friday, as hiring slowed significantly and the unemployment rate jumped to 4.3%.
This, combined with tension in the middle east and an ugly overnight session in Japan Thursday night, caused U.S. stocks to plunge to end the week. I wrote about my thoughts on what’s taking place and where the market could go here: Can You Hear Me Now?
🔥 70% OFF FOR LIFE: Using the below coupon entitles you to 70% off an annual subscription to Fringe Finance for as long as you wish to remain a subscriber. All subscribers will have access to tomorrow’s interview and all of my blog content: Get 70% off forever
This week I also had the great pleasure of sitting down with Matt Taibbi for an hour to discuss Kamala Harris’ fitness to be a Presidential Candidate.
We also talked about how Matt thinks it is ‘strange’ no questions are being asked about how Harris became the nominee, the failures of the Trump assassination attempt, why Matt thinks ‘profound’ changes are taking place in how Americans think about the world, and the future of government overreach in the U.S.:
Matt Taibbi: Kamala, Trump & The Death Of Objective Truth
Also if you haven’t yet, read my latest thoughts on President Trump’s appearance at the Bitcoin 2024 conference here:
Bitcoin Breaks Through
This week I also published an article about our skyrocketing national debt:
$35 Trillion — and Counting
And the power I think gold is going to hold when the system as it exists today ends:
Prepper Paradise: Gold’s Power When It All Goes Down
And overall market analysis from several of my favorite fund managers:
Here’s what else is new on the blog:
Fearless: Trump Survives 🔥 43,000 views
Gold Allocations Still "Very Low", Silver A "Very Special Metal" 🔥 22,500 reads
Market Moves Like These "Have Not Ended Well" 🔥 22,300 reads
The Next Worst Thing 🔥 25,200 views
"Gross Malpractice": Blackwater's Erik Prince Slams Secret Service
🔥 This 70% off coupon expires in hours: Using the coupon entitles you to 70% off an annual subscription to Fringe Finance for as long as you wish to remain a subscriber. All subscribers will have access to tomorrow’s interview and all of my blog content: Get 70% off forever
QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. These positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.
