Ron Insana On Why US Is Still The Best Place To Invest In The World

Although there were a few emerging markets that performed better than the US in 2014, among developed economies no one came close to the performance of US equities.

Ron Insana, Senior Analyst and Commentator at CNBC, recently discussed why US is still among the best places to invest in the world and opined on whether Fed will rates at all in 2015.

Is US The Best Place To Invest Currently?

“I still think so; I mean I am going to stay with the fotress America theme for as long as it works. I don’t like emerging markets. Europe could be interesting if Mario Draghi pulls out the Bazooka, but if he doesn’t on January 22^nd, at the next ECB meeting, it could be a big disappointment […],” Insana said.

He continued, “There are seven countries around the world with interest rates higher than the US and they include places like India, Brazil, really a handful of countries. Counter them to Europe, across the board its below the United States, look at Switzerland, Sweden, places like that, they are going negative, you got to pay the government if you want to lend them money, which is a little scary when it comes to deflation.”

Are Interest Rates Going To rise Anytime Soon?

“I wrote a piece several months ago saying why rates are not going up at all in 2015, why the Fed won’t move. I think to a certain, the Fed may want to move, they may try to move, but there is deflation oversees. You look at what’s happening in Japan, you look at what’s happening in Russia, you look at what’s happening in everywhere else in the world and it’s weakness, it’s not strength,” Insana replied.