As per Capital Group:

“There’s a big difference between top-down macroeconomic conditions and fundamental, bottom-up prospects for individual companies. More than ever, company-specific events are driving returns, placing added importance on deep investment research and individual stock picking.”

Source: Capital Group

Other important insights mentioned in the article:

1) Strong US dollar won’t last forever.

2) Dividend opportunities are greater outside US.

3) The new economy depends on old industries.

4) Not all the best stocks are in US, by a long shot.

Source: Capital Group