The US is not the financial world

image free use Pixabay

The other nation states of the world are not placeholders, in suspended animation while the US does what it will. They are complex actors, too, and not vested in the well being of the US economy, unless or except as an investment vehicle for themselves. When the time is right for them, they will act in their own best interests, as they should.

Author Barry Ritholtz has a great article up on the top tech companies up and the source of their revenue. The fact that such a substantial portion of their income is coming from outside the US further highlights the notion our economy is disconnected from the stock market.