Factories Are Back. Plus, Schwab’s Bond Playbook.
Barron's Streetwise
00:00
The Cost of Outsourcing in the US
When China joined the World Trade Organization in 1999, the US accounted for 27% of global industrial production. In 2022, it was below 16%. So that's what we lost. Where is it going? We believe it's going higher. How much higher we'll see. There's a pathway to get back to about 20%.
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