Every stock price ultimately rests on two pillars: Earnings and a story to believe in. For much of the past 15 years, the most compelling story in global markets has been unmistakably American.
Artificial intelligence, cloud computing, social media, advanced semiconductors, biotech discoveries, modular nuclear plants and quantum computing — all these growth narratives of the modern era have been led by U.S. companies and financed through U.S. capital markets.
