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I am busy behind the scenes right now with some very exciting new data in SlopeCharts. Stay tuned, because I should be able to announce it this afternoon.
I want to be clear that I don’t have to. I just got an email with some pretty exciting news about an unexpected cash windfall. Let’s just say that at this point, my decision to work hard 365 days a year for you Slopers is voluntary, now that my F-You money is finally here. Given my new situation, this is nothing more than a labor of love.
Let’s check in on our trade imbalance, shall we?
I used to be quite enamored of EFA (worldwide equities outside of North America), but the damned thing just kept hitting lifetime highs every day, so I walked away. It has gone up nearly 25% since last month (!!!), and I’ve stretched the chart to project when it would hit its multi-year trendline. It still has room before it does so, and even when it does, I suspect I won’t touch it with a ten-foot pole. It’s………nuts.
For what it’s worth:
