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: