How “Deglobalization” Is Changing U.S. Manufacturing
Deglobalization is here, and it’s proving to be THE disruptive event of the decade… Potentially even the 21st century. American companies are taking big steps to bring their operations back from overseas, with mentions of the terms “onshoring, reshoring or nearshoring” up over 1,000% in company earnings releases from 2019 levels. The backdrop of all this, of course, is the rising tensions with China. The pandemic — not to mention the tariffs of the late 2010s, remember those? — have done plenty to rattle that relationship, and we’re seeing the consequences today. All times of disruption carry great investment potential.[…]
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