, Columnists
Markets Keep US Exceptionalism Going for a Reason
Earnings of the Magnificent Seven are now practically a macro event, and no one else has anything like them.
Google-owner Alphabet Inc. and its Magnificent peers have no equal, anywhere.
Photographer: Marlena Sloss/BloombergThis article is for subscribers only.
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It’s an oft-used phrase, but investors won’t let go of it. All last year, US markets powered through record highs and left their international peers in the dust. Can this exemplary performance really go on for another year? That depends on who’s asking, but it’s hard to ignore just how various asset classes in America are continuing to outshine the rest of the world.