The Worrying Decline in US Life Expectancy

I’m Rich Miller, an enterprise writer on the economy in Washington, and today we’re looking at different types of American exceptionalism. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Financial markets have for months been abuzz with chatter about so-called US exceptionalism. And why not? Its economy has proven much more resilient than others to the global march upward in interest rates, and the stock market has outperformed many peers.