Never Bet Against America

I’ve been in the publishing business for 40 years, and throughout those decades, I’ve heard the same old whining from the perpetual gloomsters: America is in decline. Our society is falling apart. The U.S. dollar will get dethroned. Our manufacturing base is hollowed out.

During the 1980s, the Japanese were supposed to dominate the world. Didn’t happen. Now, it’s supposed to be the Chinese. I submit to you that the Chinese won’t take over the world, either.

I turn your attention to super-investor Warren Buffett. The “Oracle of Omaha” currently has a net worth of $113.5 billion, so he must know what he’s talking about. And here’s what Buffett once said: “Never bet against America.”

As we contend with the pandemic’s aftermath, inflation, rising interest rates, geopolitical strife, and the Russia-Ukraine war, Warren Buffett’s dictum is more apt than ever.

Stay invested and position your portfolio for the new secular bull market that’s sure to come. I favor U.S.-based large cap stocks, especially in the tech sector which was beaten down in 2022 and but now appears to be in the midst of a comeback. My video provides further details.