Each afternoon, you should receive, as I do, a Slope of Hope digest, which is an email giving links and summaries to all the new posts on the site as well as the most popular comments. I noticed the top-rated comment was the sad news that Dutch’s dog had passed away. We here on Slope are a tender-hearted lot, particularly with respect to our four-legged mammal friends, so I’d like to join everyone else is offering my condolences.
The title of this post is inspired by the widely-reported remark that Hillary Clinton considered making at the second Presidential debate (gee, THAT would have changed people’s minds about her, huh?). I’d like the indexes to “back up”, too, and, for the moment at least, they seem to be starting.
Looking at international markets, it’s plain to see they are – – shall we say – – weary – – and certainly at lofty levels in relative terms. I think it’s appropriate to show these non-U.S. markets in light of Clinton’s globalist tendencies.
To avoid any suggestion that I’m cherry-picking overseas markets, here’s how domestic life looks:
I remain magnificently short, with 52 separate positions and a willingness to push harder if things resume their breakdown. And if any numb-nut suggests to you that valuations are reasonable, here’s the face I want you to throw their way: