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Summary:The foreign-born share of the US population has reached an unprecedented high, with 1 in 6 people being foreign-born, exceeding levels seen during the "Great Wave" of the early 20th century. This situation leads to the conclusion that a period of restricted immigration is now necessary.
Sentiment:Policy-advocating
Key Claims:
- The foreign-born share of the US population is now higher than any other point in US history.
- The foreign-born share is 1 in 6 people.
- The current foreign-born share is higher than during the "Great Wave" of immigration in the early 20th century.
- It is now time for another period of restricted immigration.
- The foreign-born number and share are higher now than at any time in American history (1850-2025).
Potential Market Impact (S&P 500):2/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:1/10
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