The Declaration of Outperformance: Is America Still Exceptional?

E227 - The Declaration of Outperformance: Is America Still Exceptional?

Published: July 15, 2026

Duration: 45:41

Warren Buffett says “never bet against America”. But plenty of people spent the last eighteen months doing exactly that — betting the dollar would be dethroned and the "Sell America" trade would finally pay off. They're still waiting. We ask whether the United States is still exceptional, or just expensive.

And in the Dumb Question of the Week: Is the US the best performing stock market ever?

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