market has outperformed over anytime frame you look at, i agree with kaert. carter >> any economic pressures that you think the united states is facing right now, europe is facing them far worse. that's just the reality. and actually, in developed asia, they actually have some problem, too, just demographically. if you're going to be short any market, it's not the u.s. market you'd want to be as a hedge against a long u.s. trade i like it a lot. >> still to come, a powerful rally over the last few months in the utility can you profit from this power play stick around and find out. and for everything "options action," check out our website and our newsletter there's much more "options action" right after this >>> welcome back to "options action." despite headlines of power shortages out west, utilities have had a decent run. and is there a longer run to plug into, mike? >> jest lust looking at what's on in the markets generally, if we are in a rising rate environment that means you probably want to be in what we call short-duration equities, and utilities qual