There are a lot of perspectives. Eg. that the US due to it geopolitical situation hasn't seen any real adverse events in the past century. Ie. privileged on the risk side.
As other people also mention: The US' growth seems to be debt driven, which will also have to halt at some point.
However, it would not seem like it is US dynanisism that is the reason for the current success of the country - especially taken into account that it is a small subset (eg. the magnificent 7) and very high valuations that drive the current success.
All in all, my personal view is that there is significant risk in the US market currently - thus also high returns. But I do think that it is safer to harbour some money outside of the US.
Personally, I am happy to have US stocks in my portfolio, I am also happy not to live there.
As other people also mention: The US' growth seems to be debt driven, which will also have to halt at some point.
However, it would not seem like it is US dynanisism that is the reason for the current success of the country - especially taken into account that it is a small subset (eg. the magnificent 7) and very high valuations that drive the current success.
All in all, my personal view is that there is significant risk in the US market currently - thus also high returns. But I do think that it is safer to harbour some money outside of the US.
Personally, I am happy to have US stocks in my portfolio, I am also happy not to live there.