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Powell calmed investors. there are usual explanations, the variations of investor nerves, optimism, the changing winds of tech, but the real reason for what we re seeing could be much bigger. we may have reached peak america. i mentioned this point at the start of the show. here to explain what that means is richard sharma, chief global strategist at morgan stanley and the man who coined this phrase. what you point out is that we are at the end of a very long trend where america has outperformed the world. you know, this has really been america s decade. both in economic terms and especially in financial terms. america is a financial superpower as probably not been this powerful as it is currently. so let s look at the data because you have an amazing chart. the cumulative return for the ....
Before that, stocks had plunged, led by a tech selloff. the usual explanations for the market gyrations, variations of investor nerves, optimism, the changing winds of tech. but the real reason for what we re seeing could be much bigger. we may have reached peak america. i mentioned this point at the start of the show. here to explain what that means is chief global strategist at morgan stanley, the man who coined this phrase. what you point out is that we are at a at the end of a very long trend, where america has outperformed the world. yeah. this has really been america s decade. both in economic terms and especially financial terms. america as a financial super power has probably not been this powerful as it is currently. so let s look at the data, because you have an amazing chart. the cumulative return for the ....