Liberty, Finance, Covid And Other Bullshit: Here's What I Wrote About In November
Cathie Wood, bitcoin, Covid, market crashes and the one value stock I love - and that's only the beginning...
I am stoked about the end of 2022 - we have so much content already lined up.
As we head into December, here are the most read articles from Fringe Finance from the last month, as a recap.
Additionally, due to BLACK FRIDAY, I want to offer an unprecedented 35% off to anyone who wants an annual subscription to the blog today. This discount is only good for a couple days before I pull it.
Here’s my thoughts from this month:
HOURS BEFORE FRIDAY’S PLUNGE, I WROTE THE MARKET COULD COLLAPSE INTO THE END OF THE YEAR
Here are my thoughts as to why the market’s rout may only be getting started heading into 2022:
CATHIE WOOD’S ARKK IS HOLDING ON BY A STRING
And that string is Tesla. Wood’s ARKK fund has wildly underperformed the major market indexes this year so far. What happens if the “perfect storm” of a market pullback and Tesla finally plunging happens to her?
THE MARKET GOT THRASHED FRIDAY, HERE’S WHAT I THINK IT MEANS
Get ready for more stimmy checks, an end to the taper and more lockdowns. But, won’t that mean equity markets will just go back to all time highs? My thoughts here:
MY FAVORITE VALUE STOCK IN A MARKET FULL OF PURE SHIT:
Last week, I took the time to lay out my case for my favorite value stock right now in a market that can only be described as being full of crazed hysteria. It’s a name that acts as a hedge against geopolitical volatility and, in my opinion, one of the cheapest value stocks on an earnings basis that you can find among the “blue chips”. That entire thesis can be read here:
CELSIUS NETWORK’S ALEX MASHINSKY DEBATES PETER SCHIFF
The debate was over bitcoin and I took exception with a lot of what Mashinsky said. Hours later, it was rumored that Celsius network’s CFO was arrested in Israel. Here’s video of the entire debate, and why I was concerned with Mashinsky’s reasoning:
RITTENHOUSE VERDICT CONTROVERSY: MEDIA VS. COMMON SENSE:
I also wrote about the incredible conflict between the media’s narrative about Kyle Rittenhouse and what the facts being revealed at his trial showed. I made my case for why Rittenhouse is a victim of the media and false narratives here:
COVID IS OVER (IF YOU WANT IT):
Last week I was welcomed onto George Gammon’s Rebel Capitalist show to discuss my blog post on Friday, which talked about why I think we all need - and deserve - a break from Covid this holiday season.
WHEN THE MONETARY RESET HAPPENS, DON’T FORGET WHO TO BLAME:
I also published a massive post about why we shouldn’t forget who to blame when the monetary reset happens. Decades of horrifyingly abusive and arrogant monetary policy decisions, coupled with self-serving elites, will undoubtedly lead us to the "The Great Reset”, I wrote. “Don't let the powers that be escape blame.” You can read that piece here:
INCREDIBLE INTERVIEW WITH DOOMBERG:
This month, I published a two-part incredible interview with the Doomberg collective, who shared why they thought the economy was “irreversibly broken” and “staggeringly corrupt”. During this interview series, we discussed oil, Bitcoin, the coming Fed chair swap, fiscal policy, politics, uranium and more. You can read that full interview here:
VIRGINIA FLIPS REPUBLICAN, DITCHES “WOKE” POLITICS:
This month I also took the time to speak about why I think Virginia flipped Republican. I wrote a post-mortem identifying exactly how I think the government’s cancel culture and wokeness, combined with economic ignorance, caused such a quick flip for the state:
THE NASDAQ COULD TAKE A SHIT LITERALLY ANY DAY:
In November, I also wrote out why I thought we could be on the edge of a serious and catastrophic NASDAQ crash that could approach without warning. I put all my thoughts down on paper, including what’s “different this time”, here:
THE “QUALITY OF LIFE” CON:
I started November penning an opinion piece talking about how “transitory” inflation and supply chain issues in the country were being used to con us out of our quality of life. Even worse, I argue a counterpoint to a WaPo op-ed that suggested we should just lay down and accept that things are likely going to be worse that they have ever been in the country. That’s not a point I agree with, and I wrote as such here:
IS SHIPPING THE MOST UNDERVALUED PART OF THE MARKET?
Earlier this month, I also featured two parts of a great interview with shipping analyst J Mintzmyer, who gave his take on the state of shipping stocks. He pointed out a couple names he continues to watch in the space and talked about when, if ever, we may see a recovery in the supply chain. You can read Part 1 here:
And you can read Part 2 here:
URANIUM IS GOING MAINSTREAM:
The month, I also updated my bull case for uranium several times, talking about how France is building new reactors and leading other major countries in adopting nuclear:
…and talking about how Japan looked to be another large country to adopt nuclear to meet their decarbonization goals. They join countries like the U.K. in slowly beginning to, once again, adopt nuclear.
I LOST MY SHIT ON SEVERAL PODCASTS:
On November 12, I did one of my most important podcasts, laying out why I thought understanding inflation for the lower and middle class is more important now than its ever been. I covered:
Exactly why inflation is, as Peter Schiff would say, “the most regressive tax possible”
Why it’s important for people to wake up to the negative consequences of inflation right now, before it becomes too late
Why the Fed is stuck in a corner when it comes to rate hikes and/or taking any action that could burst the equity market bubble
At the beginning of November, I put up a podcast where I talked about how Shiba Inu and the rest of the crypto market has been quietly intertwining itself with our financial system. I lay out why, and how, I believe this to be a potential Achilles Heel in the making for the global economy.
I also talked about updates to the Tesla gamma squeeze saga, and point out how peculiar I think it is that Tesla is the one stock that has driven Cathie Wood’s success. What would her track record be ex-Tesla? How have the rest of the picks from her “Innovation” ETF faring?