Via ConvergEx's Nick Colas,
Today we offer up five market counterfactuals – “What ifs” – to both illustrate why large cap U.S. equities just closed near their highest levels of 2016 and consider the conventional wisdom about whether the current rally is sustainable.
Our home base: where asset prices and other trends started the year.
Trevor Thrall comments on Clinton’s attack on Trump’s foreign policy views and qualifications:
In the end, Clinton is correct: Trump clearly does not possess the qualifications or the temperament to lead the United States. Unfortunately, Clinton’s critique leaves voters with only a “less bad” alternative to Trump rather than with a compelling vision of America’s role in the world.
The Clinton campaign has some strange ideas about what motivates voters. The New York Times reports:
While Mrs. Clinton must be cautious not to alienate liberal Democrats who oppose some of her hawkish foreign policy stances, her campaign says national security could be the catalyst that drives independents and wavering Republicans to support her this fall.
After losing the race for president in 2008, Hillary made plans to ensure that never happened again.
She believed—no, she was certain—that history had chosen her to be the first woman president of the United States. All the years of acting the role of First Lady, all the public humiliation with Bill’s sex life strewn across TV, it would all finally pay off.
By Douglas Schoen, former political adviser and pollster for President Bill Clinton in the years1994-2000. Originally posted in the WSJ
Clinton Might Not Be the Nominee
There is now more than a theoretical chance that Hillary Clinton may not be the Democratic nominee for president.
How could that happen, given that her nomination has been considered a sure thing by virtually everyone in the media and in the party itself? Consider the possibilities.