Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
Publishing timestamp: 2024-07-13 09:24:47
Summary
Despite calls to diversify away from the U.S., Wall Street has been the best place to be for traders and investors. While there have been gains in Japan, Argentina, and Turkey, China's economic problems are causing challenges. The U.S. economy remains strong, with the possibility of interest rate cuts potentially extending the stock market rally. Despite concerns about America's standing in the world, financial markets are not suggesting decline.
Sentiment: NEUTRAL
Tickers: .SPX, .N225, .IXIC, .MERV, .SSEC, .XU100,
Keywords: breaking news: markets, s&p 500 index, shanghai, breaking news: economy, economy, nikkei 225 index, nasdaq composite, sp merval, markets, business news,
Source: https://www.cnbc.com/2024/07/13/ron-insana-look-to-the-us-for-stock-market-leadership-in-2024.html