FYI: (This is a relink of Ben's 3/10/17 Bloomberg article)
A lot has been written in finance circles in recent years about the shrinking number of publicly-traded U.S. corporations. In this piece I wrote for Bloomberg I discuss what it means for investors in a more globalized world and why it is likely not that big of a deal for diversified investors. I also think that a lot of the companies that went public in the 1990s were smaller companies that never should have IPO’d in the first place but I digress…
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 20th century:
Regards,
Ted
http://awealthofcommonsense.com/2017/05/think-global-to-avoid-the-shrinking-u-s-stock-market/
