Analysts: Four major threats to American exceptionalism, Trump's manufacturing return plan will fail

Eric Peters, chief strategist at One River Asset Management, points out that the underlying logic of US exceptionalism is its hegemony in global economic politics, but this position is facing four major threats: heavy taxation of capital flows, policy shifts to weaken the tech and healthcare monopoly, the failure of the judicial system's checks and balances on the government, and the continued collapse of productivity. Peters believes that the Trump administration's efforts to promote the return of manufacturing will fail because vested interests will not allow changes to the existing status quo of cheap labor markets and loose capital regulations.