U.S. Economic Preeminence

The discussion emphasizes the continued dominance of the U.S. economy, reflected in the theme of 'Keep On Truckin'' used in the investment outlook. This year, U.S. preeminence is underscored as the gap between the U.S. and other countries widens, with the consensus that this trend will persist into 2025. Despite high valuations, the expectation remains that a strong U.S. GDP growth rate of around 2.3% will support earnings growth, making current valuations manageable. This outlook suggests that investors should maintain their positions in U.S. equities despite market volatility.