The end of American exceptionalism goes way beyond Trump

Sign up for free updates through Currencies myFT Digest to stay informed on market trends. Despite recent declines in US stocks and the dollar, the hype around American exceptionalism, fueled by Trump’s policies, is fading due to unsustainable economic growth and global competition. As US dominance wanes, investors are rebalancing portfolios, shifting towards European, Japanese, and emerging markets, signaling a broader shift away from US assets.

Full Article