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- #42
- Paid leaderboard
- #25
- Subscribers
- 53K
- Paid subscribers
- 1,000+ paid
- Badge
- Bestseller 1k
- Followers
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- Paid plan
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- Recommends
- 2
- Podcast
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What they write about
Contrarian finance and politics commentary, often on parts of the market the author considers overlooked. Recurring subjects include artificial-intelligence valuations and regulation, federal debt, private credit and credit quality, Japanese insurers and bond losses, and speculative small-cap sectors.
- contrarian investing
- artificial intelligence
- federal debt
- private credit
- small caps
- politics
Recent examples: The S&P Is Soaring, But Two-Thirds of Stocks Are Stalling · One Month Later, The Thesis Looks Better
Written from QTR’s Fringe Finance’s own published post titles and openings in Sep 11, 2026. It describes the subjects the newsletter covers, not its views, and is not investment advice.
Growth history
Subscribers (thousands, nightly)
52K on Sep 10, 2026 → 53K on Oct 20, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #42 today · #43 a week ago · #45 a month ago
Stats worth sharing
Tracked since Sep 10, 2026 — 41 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 8%
- Best rank seen
- #39
- Rank, 7 days
- +1 place
- Rank, 30 days
- +3 places
- Subscribers added
- +1.0K
- Followers added
- +2.0K
- Posts
- 44
- Reactions per post
- 108
- Reactions tracked
- 7.6K
- Tickers covered
- 1
of 525 ranked finance newsletters
on Oct 5, 2026
since tracking began
since tracking began
last 30 days
average, recent posts
across 70 posts
in tracked posts
Most-reacted post we have seen: Bonds Are About To Crash The Stock Market — 394 reactions on Sep 24, 2026.
Recent posts
- The S&P Is Soaring, But Two-Thirds of Stocks Are Stalling
By Peter C. Earle, American Institute For Economic Research US equity investors have a lot to cheer of late, despite stubborn inflation, rising interest rates and financial tightening, and falling consumer confidence . The S&P 500 has hit 28 closing highs this year , and the index is up 103 percent since the start of 2023 — slightly more than doubling even…
- One Month Later, The Thesis Looks Better
On September 22, I published a piece titled “ A Stock With A Potential $500 Million Earnings Surprise ,” highlighting research from one of my favorite analysts, Gordon Johnson of GLJ Research. Today, that thesis got some validation I wanted to update my readers on.
- If OpenAI And Anthropic IPOs Flop, These Stocks Could Suffer
For the better part of two years, Wall Street has been salivating over the prospect of OpenAI and Anthropic going public. But with AI stocks coming under pressure, concerns mounting about circular financing, and investors increasingly questioning the hundreds of billions being spent on artificial intelligence infrastructure, I have to wonder whether enthusiasm for these two potentially historic IPOs is beginning to fade at precisely the wrong time. Recent reports have suggested that expectations for Anthropic’s eventual valuation may be coming down from previously discussed levels approaching…
- Let The Morons Eat Cake
When I first got involved with investigative forensic equity research about 15 years ago, I remember being genuinely stunned by what I was finding. I was drawn into the world of skeptical inquiry after reading GeoInvesting’s exposé of Longwei Petroleum back in 2012 where they concluded the U.S. listed company, trading on a major exchange with exposure t…
- Two Decades Of Mass Financial Delusion Ends Now
Friday’s selloff was not a surprise. Between deteriorating credit markets, rising Treasury yields, increasingly absurd artificial intelligence valuations, enormous amounts of leverage and an entire financial system that has spent the better part of two decades mainlining cheap money like a frat guy guzzling Jaegermeister at the bottom of an ice luge, th…
- Central Banks Cannot Fix The Sovereign Debt Bubble
By Daniel Lacalle, Mises Institute Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble. However, they should pay more attention to the government debt bubble. The most dangerous assumption is that governments can keep borrowing and making promises because central banks will always step in, disguising fiscal…
- Jensen Will Blink First
Today, Nvidia CEO Jensen Huang offered a vote of confidence in CoreWeave, suggesting the company doesn’t need a financial backstop despite the increasingly ugly selloff in its equity and debt. Sure, Jensen. Pay no mind to CoreWeave’s paper trading at uber-distressed levels. Perhaps Jensen’s comments will be enough to calm the market and stop the selling …
- The Fed vs. The Bond Market
By Peter Schiff, SchiffGold The economy is bound to eventually reach a point where it can no longer tolerate the interest rates required to keep inflation and debt under control, and some of the loudest warnings are coming from the bond market . The benchmark 10-year Treasury yield recently climbed above 5.3% , reaching levels not seen since 2002. Even more striking, this surge occurred as evidence was building up of a weakening labor market, not because investors suddenly became convinced that the American economy was entering a new era of extraordinary real growth. A rising 10-year yield is…
- Nvidia’s CoreWeave Catch-22
I just wrote about CoreWeave coming under stress today here: What I left out is that there’s also an enormous game-theory problem developing here for Nvidia, one that I think could have implications far beyond CoreWeave. I wanted to explain. If CoreWeave is genuinely headed toward financial distress, we may not have to wait for the company to actually start defaulting on its debt to find out. The equity market could effectively make that decision first, as a collapsing share price undermines confidence, restricts financing options, and potentially sets off a self-reinforcing downward spiral…
- CoreWeave: Don’t Say I Didn’t Warn You
CoreWeave (CRWV) is getting absolutely pasted today, with shares plunging more than 15% as investors finally appear to be waking up to something I’ve been warning about since last year: underneath the extraordinary AI growth story is a heavily leveraged, capital-intensive business whose economics have never made much sense to me. The stock is now down more than 50% in the last year. According to ZeroHedge , CoreWeave’s bonds due in 2032 are now yielding more than 15%, with credit spreads exceeding 1,000 basis points and the bonds trading below 80 cents on the dollar. Those are the kinds of…
- Going “Old School” With “Boring” Blue Chip Stocks
One of the more batshit insane developments in modern financial markets recently is that owning profitable, dividend-paying blue-chip companies somehow became an unfashionable investment strategy. What started with Alan Greenspan innocently taking a few hits off the monetary crack pipe under a bridge eventually turned into a full-blown, twenty-year addiction, with the entire financial system living on financial skid row waiting for its next fix. Between 0% interest rates, quantitative easing and central banks treating every market hiccup like a life-threatening withdrawal, we’ve managed to…
- Why Didn’t 2008 Bank Bailouts Produce COVID-Level Inflation?
By Paul Mueller, AIER’s Daily Economy October marked the eighteenth anniversary of the Troubled Asset Relief Program (TARP), when Congress authorized the Treasury Department to spend up to $700 billion to buy or insure “ troubled assets .” At the time, the size of this rescue package was unbelievable. Since then, we have seen multiple larger stimulus packages: one in 2009 and several in 2020 and 2021 . But while the Global Financial Crisis (GFC) was followed by a decade of inflation below the Fed’s target, the COVID-19 pandemic was followed by the highest inflation in four decades . Why did…
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: QTR’s Fringe Finance. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Oct 20, 2026.