Tech trumps tariffs: why US exceptionalism will last
The view that the stock market is in a massive bubble and bound to crash is incorrect over the medium term
The view that the stock market is in a massive bubble and bound to crash is incorrect over the medium term

No economy rises or falls for just one reason, even a shock as big as Trump’s trade policy

Damage caused by US tariffs has so far been muted but that won’t last

For the first time, investors are talking about ‘US risk’

Economists’ lurid forecasts of disaster have not been realised

The Q2 results are an unreliable gauge of America’s ability to weather tariffs

Banks and Big Tech are booming but slowing US growth is hurting other companies across the board