# The Declaration of Outperformance: Is America Still Exceptional? Page: https://stenobird.com/podcast/many-happy-returns-4763217/the-declaration-of-outperformance-is-america-still-exceptional Text version: https://stenobird.com/podcast/many-happy-returns-4763217/the-declaration-of-outperformance-is-america-still-exceptional.md Podcast: [Many Happy Returns](https://stenobird.com/podcast/many-happy-returns-4763217) Published: 2026-07-15T10:30:00+00:00 Episode link: https://pensioncraft.com/the-declaration-of-outperformance-is-america-still-exceptional Audio file: https://episodes.captivate.fm/episode/88757771-c604-4db2-9715-46a527ce98a2.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/many-happy-returns-4763217/episodes/the-declaration-of-outperformance-is-america-still-exceptional Duration seconds: 2741 ## Resource 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? --- Thank you to Raisin UK for sponsoring this episode. Receive a £100 welcome bonus when you register for a Raisin UK account using the code JULY100, open a fixed-rate bond with a term of 1 year or longer and deposit a minimum of £25,000 by 31 July 2026. https://raisin-uk.pxf.io/c/4012142/3930337/12683?sharedid=uk-cmp-bonus-pensioncraft-podcasts-0726 New customers only, terms apply. --- Get in touch 📧 mhr@pensioncraft.com 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube --- Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2026 Many Happy Returns ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/many-happy-returns-4763217/episodes/the-declaration-of-outperformance-is-america-still-exceptional/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/many-happy-returns-4763217/the-declaration-of-outperformance-is-america-still-exceptional.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.