5 Must Reads Before Monday's Open
Submitted by QTR's Fringe Finance
Happy weekend. If you’ve got some time to catch up on markets, here’s what I’ve been up to over the past week. The blog’s 26 Stocks I’m Watching for 2026 are now outperforming the S&P 500 on an equal weighted basis by almost 8% heading into mid-March.
First, I did an interview late last week with Adam Taggart where I discussed the growing stress in private credit and the risk of a credit event, the disconnect between strong market headlines and weak underlying fundamentals and how QE and passive flows may have permanently distorted valuations.
QTR & Adam Taggart: Private Credit, Valuations, Favorite Sectors
We also talk why I remain cautious on the broader market, how geopolitical events like the Iran conflict fit into the outlook, and where I currently see opportunity in areas like energy, nuclear, cybersecurity, precious metals, and select value stocks.
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Also one of the bigger themes I’ve been thinking about is gold and just how much higher it could go if the macro backdrop continues to develop the way I think it might. In “How (And When) Gold Could Reach $10,000,” I published a note that suggests very few people really appreciate how much higher gold can go from here, and that talks about the conditions that could push it to levels that still sound ridiculous to most investors.
How (And When) Gold Could Reach $10,000
I also wrote about the growing stress in private credit this past week. In “Private Credit Is Officially Fucked,” I noted that first BlackRock, then Cliffwater, and now another major bank have joined the list of managers limiting withdrawals. The liquidity mismatch in the space is starting to show, and I don’t think this story is anywhere close to finished.
Private Credit Is Officially F*cked
I also had a great conversation with Guy Adami this week. We talked about gold, financials, private credit, AI, and why it feels like something may be brewing beneath the surface of this market.
Guy Adami: “Something Is Brewing Beneath This Market”
And finally, earlier in the week I wrote about a new position I started in an ETF tied to a country most investors probably never think about investing in. In the piece and the accompanying discussion, I explain why I think it’s an interesting opportunity.
Investing In A Country You'd Never Think Of
Finally, here’s what else is new on the blog:
Good Riddance, Jasmine CrockettAI: Now With Less Circle And More Jerk
Tariff Refund Delays Could Cost Taxpayers $700 Million A Month
How Justice Gorsuch Helped Save Us From a “Climate Emergency”
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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. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All 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. If you see numbers and calculations of any sort, assume they are wrong and double check them. I failed Algebra in 8th grade and topped off my high school math accolades by getting a D- in remedial Calculus my senior year, before becoming an English major in college so I could bullshit my way through things easier.
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