US Stocks To Underperform For For Years Ahead | Kevin Muir

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There's a lot of urgency right now in America to reduce the fiscal deficit via the new D.O.G.E and also to reduce its trade deficit via the threat of tariffs.

Both initiatives are creating a lot of disruption right now, and have their fair share of vocal supporters and detractors.

Are they likely to work? And at what cost?

For discuss, we're fortunate to speak today with market veteran Kevin Muir, founder and editor of The Macro Tourist, the highly-acclaimed newsletter that currently ranks as one of the top financial Substacks in the world.

In a nutshell, Kevin thinks nearly all US assets, including the dollar, are woefully overvalued.

Just as capital flowed into the US over the past decade, pushing all these assets ever higher, he expects the coming years to see capital flowing out of the US, leading to chronic underperformance vs international assets.