Without the leadership of the red-hot U.S. tech sector, the S&P probably wouldn't be making new highs right about now, especially as the tariff deadline looms.
U.S. Is Set To Gain a Record 7,500 of the World's Millionaires-and This Sun-Soaked State Is Red-Hot
A strong inward flow of millionaires creates a positive, self-reinforcing loop, as America is home to the largest, deepest capital market and is attractive to the wealthy.