Yesterday I posted Sell. Today I am thinking of any counter arguments to that position. The USA market with tech maybe the world leader in the next few years. If USA corporations can turn AI enabled capabilities into products, including robots, then even is Americans are suffering, the world will likely still buy US stocks.
Further if the world does not want to buy US treasuries, the next best thing to do with dollars is buy US corporate stocks, natural resources, or US real estate. Basically move from USA paper money to assets.
While I still think stocks move lower, there maybe a path to the next low as an enduring, multi-year low in US stocks. This is different than asserting US citizens will do better. The result will be rich vs poor continues to accelerate.
So while I am still pessimistic, I will be looking to buy and hold future centric ETFs. I’ll do a post soon in what those are.
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