Don't underestimate the ongoing restructuring of the international trade system. It reverses one of the most powerful forces for asset flows and asset returns in the last 15 years.
Fortunately or Unfortunately there is no other country like the US. Just incredible talent it attracts, capital and platform to innovate and create. Maybe China is the alternative but international investors prefer the US for transperancy.
Fortunately or Unfortunately there is no other country like the US. Just incredible talent it attracts, capital and platform to innovate and create. Maybe China is the alternative but international investors prefer the US for transperancy.
That is true. It's possibly too strong to be mismanaged.