Friday Watch

Around X:

• @Business 

• President Trump has his sights once again on ending the Ukraine conflict, announcing another meeting with Russian Vladimir Putin after a first summit in Alaska failed to yield progress. 
• The Trump administration is poised to ease tariffs on the US auto industry, a move that would deliver a major win for carmakers.
• Mark Zuckerberg’s Meta is set to seal an almost $30 billion financing package for its data center site in rural Louisiana, marking the final step for the largest private capital deal on record.
• CME is planning to debut financial contracts tied to both sports games and economic indicators by the end of the year, according to sources.
• Get up to speed on what's moving global markets. 
• Here's what you need to know to start your day.

• @ZeroHedge

• Lmfao this is allegedly an exchange John Bolton had with his friends while sending them classified information: "More stuff coming!!!... None of which we talk about!!! "Shhhh". 
• @elonmusk, imagine connecting the US and Russia, the Americas and the Afro-Eurasia with the Putin-Trump Tunnel - a 70-mile link symbolizing unity. Traditional costs are $65B+, but @boringcompany's tech could reduce it to <$8B. Let's build a future together! -@kadmitriev.
• China Bristles As Rare Earths 'Retaliatory' Curbs Foment G7 Backlash: 'US Stirring Up Panic'.
• How many people just realized that Dems had as many as 20 extra seats based on years of unconstitutional race-based gerrymandering?
• The Party Of Panic: How Democrats Turn Every Crisis Into A Skit.
• John Bolton is in deep trouble. According to the federal indictment against him, he not only stored thousands of pages of classified documents at his home long after his government employment ended, he regularly shared classified info with multiple uncleared individuals via unsecured Google and AOL email.
• BREAKING: Former Vice President Mike Pence has been IMPLICATED in The DOJ’s investigation of former National Security Advisor John Bolton related to Pence’s framing of General Flynn to get him fired, his illegal possession of classified documents and his role in January 6th. Bolton recently described Pence as a “consistent ally” during President Trump’s first term. Pence is reportedly also being probed for unlawful leaks including sensitive national security matters from the Trump White House to the leftist media.
• While John Bolton was trafficking top secret intel to his friends, Iran apparently hacked his email account, according to the 18-count federal indictment against him. 
• US Reports Biggest Ever Budget Surplus For Month Of September Thanks To Record Tariffs. 
• "If You Don't Buy, You'll Miss Out": Weimar Vibes As Aussies Line Up To Buy Physical Gold
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• 'Disruptions Come First, Benefits Take Time': Fed Warns Of AI's Imminent Impact On Job Market.
• More Than An Accident? Kyle Bass Sounds Alarm On U.S. Military Explosives Supply Chain After Tennessee Plant Blast.
• Extreme fear meets (almost) all-time highs – something doesn’t add up.
• NEW: Billionaire Illinois Gov. JB Pritzker won $1.4 million playing blackjack in Las Vegas last year, his office discloses. "I went on vacation with my wife, with some friends, I was incredibly lucky."
• Regional Banks Crash As More Credit "Cockroaches" Emerge. 
• "A Lot Of Moving Parts": Another New Record For Gold Amid Chaos In Bonds, Stocks, & Crypto.

• @CNBC

• Friday's big stock stories: What’s likely to move the market in the next trading session.
• CNBC Daily Open: Bad loans by regional banks should concern us all.
• Asia-Pacific markets set for lower open as banking and trade fears take hold on Wall Street.
• Marc Benioff's call for troops in SF leads tech investor Ron Conway to leave Salesforce Foundation board. 
• Stock futures are little changed after regional bank worries fuel market sell-off: Live updates.
• Stocks making the biggest moves after hours: Novo Nordisk, Interactive Brokers, CSX and more. 

• @WSJ 

• In a display of defiance against the U.S, Venezuela is mobilizing a "millions-strong militia" and moving troops into position on the Caribbean coast.
• Trump is trying to publicly de-escalate tensions with China to soothe markets while privately keeping up pressure on Beijing—a difficult balancing act that is being watched by Wall Street. 
• Regional banks came under renewed scrutiny after Zions Bancorp said it would take a large loss and revealed accusations of fraud against a set of borrowers who had ties to other lenders in the industry. 

• @newstart_2024 

• WEF advisor Yuval Harari just explained the globalist blueprint. Listen carefully. He says collaboration requires a "story" — and it "doesn't need to be true." He says science "is not about truth, it's about power." He says those who "own the data, own the future." This isn't a conspiracy theory. It's their stated plan. (video)

• @stkirsch

• Nobody has ever explained how, if vaccines don’t cause autism, that this could occur. This is the only time in human history where triplets got autism at the same time. Remarkably all got autism within hours AFTER a vaccine. What an amazing coincidence! (video)

• @VigilantFox

• DISTURBING: Texas just opened the gates to digital tyranny. SB2420, a dystopian UK-style online ID law, will soon force Texans to verify their age to access even the most basic online services—marking the first step toward a nationwide Digital ID system. Set to take effect January 1, 2026, the law hides behind “protecting children online,” but experts warn it’s just another Trojan horse for surveillance and mass data collection. Both Apple and Google admit it will require users to surrender personal details just to check the weather or to download an app. (video)

• @HustleBitch_

• THE MAN WHO “BEAUTIFIED” THE CHARLIE KIRK CRIME SCENE SPEAKS OUT. "On 9/14/25, I was called by men who work for the state of Utah for help installing pavers… where Charlie Kirk was gunned down.” "I’d been asked to replace - to beautify - an area where a brother had been gunned down." "It was Sunday. I usually don't work on Sunday." "It was heavy… but we did it." Four days after the assassination, this man says he was hired to cover the exact spot where Charlie was assassinated. Not to investigate, but to bury it forever. (video)
• WHO DO YOU NOTICE? The same faces from every frame on September 10th. The same men who “protected” Charlie Kirk the day he was assassinated, now guarding Erika. (video)

• @MJTruthUltra

• An Open Letter to Kash Patel and Dan Bongino: Dear Kash Patel and Dan Bongino, We, the MAGA community, want to express our heartfelt gratitude for your tireless efforts. We recognize the challenges you face and appreciate that you’ve chosen this path over less demanding pursuits. Your dedication to seeking truth and serving the American people does not go unnoticed, and we stand firmly behind you. With the utmost respect, we urge you to reconsider dismissing those asking tough questions about the assassination of Charlie Kirk as mere “conspiracy theorists.” The term carries a weight that unfairly undermines the legitimate concerns of many who have been proven right time and again. It was in Fact a CIA created term used to undermine those who asked tough questions surrounding JFK’s Assassination. History shows that independent researchers—often labeled as conspiracy theorists—have uncovered truths long before government agencies or official narratives caught up. We were right about the mishandling of the COVID-19 pandemic. We were right about JFK’s assassination. We were right about 9/11. We were right about January 6th. We were right about Black Lives Matter. And so many other things…

• @wideawake_media

• Digital ID: This is the World Economic Forum's plan for you, straight from their website. The goal is to gradually and incrementally bring about a situation where every aspect of daily life—banking, food, travel, healthcare, energy usage, internet, social media, communications, etc—requires a valid digital ID, without which you are locked out.

• @TheIntelSCIF

• HILLARY CLINTON couldn't be proven GUILTY by the FBI from her infamous email scandal without taking OBAMA down with her. Obama used a pseudonym to conduct communications over the same non-secure email system which tanked Hillary's entire email investigation. This is only the surface level, it gets worse. They covered it all up, blamed it on the Russians, and attempted to take down a sitting president through a taxpayer funded treasonous color revolution with our own intelligence agencies and FBI. The only problem is that there is more that they swept under the rug that many people paid with their lives to expose which allegedly include connections to Epstein, Benghazi, child trafficking and abuse, pay to play politics, money laundering, and numerous other illegal activities implementing many other deep state players. (pic)

• @EricLDaugh

• HOLY CRAP! Virginia Attorney General candidate Jason Miyares (R) PUMMELS political violence Jay Jones (D) during the debate...that is devastating. "I find it stunning that you say one of the pillars of your public safety platform is protecting children. Were you protecting Jennifer's children, when you said you wanted to see them DIE in their mother's arms?!" "How can ANYBODY who's ever worked in any of the crimes against children, all of the areas of federal and state local law department, how can they ever take YOU seriously, be the top prosecutor, knowing that you view that children should DIE to advance a political agenda?" "It's unconscionable, and if you were truly 'sorry,' you would not be running for this office - because you disqualified yourself." (video)

• @WallStreetApes

• Zohran Mamdani is a Trojan horse for Obama and the Islamic takeover of America. “Great GPS tracking information — Zohran Mamdani — appears to have been at Barack Obama's place in Washington, D.C. twice in just 6 weeks. Who else was there? Leaders of the Muslim Brotherhood”. “And if you don't know who they are, you might want to study up on their history. They've been outlawed in Egypt, Syria, Russia, Saudi Arabia, the UAE, Bahrain, Jordan, and, oh, Austria under their anti terrorism laws. (video)
• Rep Anna Paulina Luna exposes to Joe Rogan that new Congress Reps are not told how to do legislation. The only thing that happens when they’re elected is they’re immediately put in front of lobbyists who take them out to dinner and they’re told how to vote. THIS is our problem. (video)

• @SenRonJohnson

• I urge every parent — every American — to watch “An Inconvenient Study.”
  @delbigtree does an excellent job exposing how the medical establishment has ignored parents whose children have suffered severe side effects from childhood vaccines. It’s well past time we start listening to parents and asking questions about what’s causing the skyrocketing rates of chronic illnesses in our country.

• @annvandersteel

• The U.S. government is shut down — but we’re still funding the United Nations, a foreign body now pushing a global tax on Americans. The UN isn’t above our Constitution. It doesn’t represent us. It leeches off us. DEFUND it. EXIT it. RECLAIM our sovereignty. (video)

• @ChildrensHD

• It doesn’t get more draconian than this. Bill Gates is now pushing an electronic tattoo to “mark” you as part of the push toward a digital ID system and programmable money. Catherine Austin Fitts: “Instead of introducing CBDC, we’re now going to introduce stablecoins and other privatized versions of CBDC that are programmable.” “You can’t have a complete control grid unless you get a digital ID and an all-digital financial transaction system.” “Bill Gates is now promoting an electronic tattoo so you won’t have to be inconvenienced by carrying a phone.” (video)

• @elonmusk

• BREAKING NEWS. The British Labour party PLUMMETS to historic low with only only 15% inlatest poll. This is their LOWEST vote share they have ever gotten since modern polling began. People are rejecting Socialism. The people of Britain want change!

• @Liz_churchill10

• KNOW YOUR ENEMY. “The next Pandemic will definitely get your attention…” -Bill Gates (2023). “All anti-vaxxers must be arrested…no exceptions…” -Dr. Peter Hotez (2024). “We’re definitely going to have another Pandemic…” -Dr. Fauci (2025).

Night Trading 

• Asian equity indices are -1.25% to -.75% on average. 
• Asia Ex-Japan Investment Grade CDS Index 70.5 +2.25 basis points.
• China Sovereign CDS 45.25 +1.25 basis points.
• China Iron Ore Spot 104.6 USD/Metric Tonne -.3%. 
• Swiss Franc/Offshore Chinese Renminbi Cross 9.0 +.23%
• Bloomberg Emerging Markets Currency Index 36.28 -.11%.
• Bloomberg Global Risk-On/Risk Off Index 74.0 -.9%.
• US 10-Year Yield 3.95% -2.0 basis points.
• Volatility Index(VIX) futures 22.4 -.3%.
• Euro Stoxx 50 futures -.76%. 
• S&P 500 futures -.35%.
• NASDAQ 100 futures -.37%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by technology and financial shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 50% net long heading into the day.