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The Decade of Shrinking Global Stock Markets Is Finally Over

  • Supply of equities booms on issuance surge and dip in buybacks
  • Age of stocks to continue on low rates, big demand: Bernstein
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Market Has Priced in More Aggressive Fed: Quill Intelligence

The ever-shrinking global stock market is no more.

Thanks to record issuance, the SPAC boom and the pandemic-fueled collapse in buybacks, the supply of equities across the developed world has turned positive for the first time in a decade, according to Sanford C. Bernstein. At $273 billion in the 12 months through the end of March, the hand-wringing over the de-equitization trends of the post-financial crisis era is well and truly over.