From the editor-in-chief...
Apr 14, 2022
2 minutes
Merryn Somerset Webb editor@moneyweek.com
![monweeuk220415_article_003_01_02](https://article-imgs.scribdassets.com/yj8xiopq89q01yr/images/fileU6LQNJ2K.jpg)
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“Companies should be prioritising slack, not efficiency and optimisation”
There are many reasons why US stocks have massively outperformed over the last few decades – low interest rates have helped, as has the stunning success of America’s tech giants. But the huge gains have also been about America’s embrace of “optimisation”, says Edward Chancellor
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