US exceptionalism: is it still the story?

For years the US outperformed: stronger growth, higher rates, a stronger dollar. The question now is whether the exceptionalism trade has more room or is fully priced.

US exceptionalism: is it still the story? — risk-reward diagram
A risk-reward ratio of 1 to 2

Post your view:

  • the evidence for and against continued outperformance
  • how the story shapes the dollar
  • the data that would end the narrative
US exceptionalism: is it still the story? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: the dollar index and US retail sales.

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