2025-01-02
8 分钟Npr.
People who had American stocks in their retirement fund or share trading app like Robinhood likely had a good year, notwithstanding a few bumps in the road recently, it was a very good year indeed.
That's right.
From Microsoft to Micron, US Stocks are on a rocket ship.
They're leaving the rest of the world behind.
And this outperformance has actually been going on since at least the Great Recession.
So a lot of people are now taking an America first approach to their investments and forgetting about investing in the rest of the world.
Dan Villalon is with AQR Capital Management.
The US Stock market has trounced the rest of the world, and so it's really hard to argue why people should be rebalancing back into the countries that have underperformed.
Dan, though, is trying his best to make that argument.
This is the indicator from Planet Money.
I'm Adrian Ma.
And I'm Darian Woods.
Today on the show Corporate American Exceptionalism, Dan makes the case for why a stock market hot streak might give investors pause after the break.
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