"Some Progress Made" In Iran Peace Talks, Mediators Claim; Trump Says 'Solid 50/50' On 'Blowing Them To Kingdom Come'

The Market's Biggest Buyer May Be Disappearing Submitted by QTR's Fringe Finance Yesterday, as part of laying out the two paths I can see the economy taking, I wrote that beneath the surface, the American consumer is tapped out. The average consumer - AKA the "retail investor" - has been a key in driving the stock market higher the past half decade. This morning, I noticed two reports that came out yesterday that add to the conclusion that this "retail investor" looks increasingly broke.  Yesterday The Wall Street Journal highlighted how rising prices and the highest...

Putin Invites Trump To Visit Russia In 'Constructive' July 4th Phone Call A nearly 90-minute phone call between Presidents Trump and Putin on July 4th could signal shifting White House priorities, as it tries to find permanent offramp and settlement in Iran and the Strait of Hormuz, but also as the Ukraine war seems to be fast heating up again. Kremlin aide Yuri Ushakov said in comments made public Sunday that Trump offered Putin to help find a solution to the war in Ukraine. Shutterstock, Sputnik via EPA "The American president once again...

A 10% Dip Is Not A Green Light To Go All In Submitted by QTR's Fringe Finance This is the kind of environment where how you deploy capital matters far more than just being “in the market.” One lesson I’d repeat to myself here: don’t go throwing all your cash into the market just because we’re down 10% from the highs. That kind of thinking assumes the decline is basically over, when there’s no rule that says it is. In fact, a 10% decline is just considered a correction, not a bottom,...