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U.S. Exceptionalism: Is It Still Intact?

02/03/2025

By: Jeffrey J. Roach, Chief Economist, LPL Financial

With China’s DeepSeek pressuring investors to take a closer look at the current environment of artificial intelligence (AI) development within the U.S., some are taking a moment to question the accuracy of a much larger idea — American Exceptionalism. Ever since the end of the world wars, international leaders have acknowledged the “exorbitant privilege” the U.S. has with its de facto global reserve currency. With great privilege comes great responsibility. In this piece, we discuss the factors that define U.S. exceptionalism with its implications.

Read the full commentary here: Weekly Market Commentary 02.03.2025

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