, Columnist
Think Global to Avoid Shrinking U.S. Stock Market
As America has grown relative to the rest of the world, it is actually getting smaller in other ways.
The bad old days.
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They say the winners get to write the history books. If we’re talking about the global stock market returns over the past 100-plus years then the U.S. gets exclusive rights to this story. Research from Dimson, Marsh and Staunton in their Global Investment Returns Yearbook 2017 show just how dominant the U.S. has been relative to other countries since the turn of the 20 century: