Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership

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Americans have a homeward bias when it comes to investing — and rightfully so, especially in a year like this.

A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 3, 2024.Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world.Despite what many pundits say about diversifying away from the U.S., Wall Street has been the best place to be for traders and investors for several years in a row.

Depending on the policies of the next presidential administration and the composition of Congress in 2025, that could all change.It's also true that our nation's deficits and debts are unsustainably large. Add to this the continued strength of the U.S. dollar, which has remained stable even amid concerns that it could be

 

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Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadershipAmericans have a homeward bias when it comes to investing — and rightfully so, especially in a year like this.
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