Franklin Templeton CEO says U.S. is still the ‘best place to invest' despite widespread frustration

• The U.S. market is described as the deepest globally, with the most creative instruments for institutional investors and strong innovation ecosystems like Silicon Valley.
• Despite being 'a little more expensive' from a P/E standpoint, the S&P 500's 60% global market cap is attributed to the U.S.'s rule of law and regulatory environment.
• A key challenge for innovative companies is the pressure from quarterly earnings reports, which can hinder long-term investments in areas like blockchain technology and lead companies to stay private longer or go private to facilitate such investments.

Franklin Templeton CEO Jenny Johnson asserts that the U.S. remains the 'best place to invest' globally, citing its deep markets, innovative instruments, and robust ecosystems. However, she highlights the challenge of quarterly earnings pressure for public companies, which can deter long-term investments in innovation. FedEx CEO Raj Subramaniam echoes the need for a long-term perspective in business building.