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is the us stock market in a bubble or a sign of exceptionality
Ruchir Sharma recently suggested that the US stock market is in a bubble, prompting a discussion on whether this is a reflection of irrational exuberance or a belief in America's exceptionalism. Katie Martin and Rob Armstrong explore the impressive performance of US stocks and its sustainability, alongside topics like Elon Musk's compensation and transatlantic issues.
us economy struggles as high prices shape voter perceptions and market reactions
US Fed Chair Jerome Powell noted the economy is stable and inflation is easing, yet high prices continue to burden consumers. This disconnect is reflected in voter sentiment, with many feeling the economy is on the wrong track, highlighting a disparity between affluent and average Americans' experiences.
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