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Steadfast and Strong: Invest in These 2 Durable American Giants
The United States government pivoted to an America-first strategy. Whether you agree or disagree with this strategy, it is the reality we are dealing with as investors today. You cannot invest in the world you wish existed, but you can invest in the world as it actually is. The U.S. grew its lead when it comes to gross domestic product (GDP), with GDP per capita of over $80,000 compared to the average European Union GDP per capita of just over $40,000. Reinvestment into America may further expand this GDP gap. The artificial intelligence (AI) revolution is centered in America, with most technological innovations still coming from the United States. Here are two durable American stocks to invest in and ride the reshoring wave.Image source: Getty Images.Continue reading
The United States government pivoted to an America-first strategy. Whether you agree or disagree with this strategy, it is the reality we are dealing with as investors today. You cannot invest in the world you wish existed, but you can invest in the world as it actually is. The U.S. grew its lead when it comes to gross domestic product (GDP), with GDP per capita of over $80,000 compared to the average European Union GDP per capita of just over $40,000.
Reinvestment into America may further expand this GDP gap. The artificial intelligence (AI) revolution is centered in America, with most technological innovations still coming from the United States. Here are two durable American stocks to invest in and ride the reshoring wave.
Image source: Getty Images.
