Home » These market veterans still think America is the best place to put your money — ‘Tech Trumps Tariffs even if Mickey Mouse or a clown were to run the US!’

These market veterans still think America is the best place to put your money — ‘Tech Trumps Tariffs even if Mickey Mouse or a clown were to run the US!’

These market veterans still think America is the best place to put your money — ‘Tech Trumps Tariffs even if Mickey Mouse or a clown were to run the US!’

PresidentDonaldTrump’saggressivetariffcampaigniscreatingdoubtsabouttheattractivenessandsafetyofUSassets.ButtherearestillsomewhobelievetheUSwillproducethebestreturns,despiteanepicselloffandsignsofashiftingworldorder.That’sdueinparttoAmerica’sdominanceincriticaltechnologies. Theideaof“Americanexceptionalism”intheglobaleconomyandfinancialmarketshasrapidlylostfavorthisyearasPresidentDonaldTrumpembarksonanaggressivetariffcampaignthatiscreatingdoubtsaboutUSassets. Stockshavesufferedanepicmeltdownandonlypartiallyrecoupedtheirlosses.ThedollarandTreasurybondsarelosingtheirsafehavenstatus.Theeconomymayslipintoarecession,soaringdebtmaystarttooverwhelmthe“exorbitantprivilege”theUSenjoys,andtheworldwasalreadyhavingtrustissueswithAmerica. Incontrast,marketsinChinaandEuropehavebeenrelativeoutperformersthisyearafteryearsoflaggingbehi