Navigating Globalization and Investment Trends

This chapter examines the effects of contracting globalization on industrial companies, particularly small and mid-caps, amidst rising trade deficits and shifting supply chains. It highlights the need for infrastructure improvements and diversifying investment strategies beyond traditional sectors, while reflecting on the complexities of investing in China. The discussion emphasizes the evolving landscape of capital allocation and the unique challenges faced by mega-cap stocks in the current market.