-
Posted by
Two Blokes Apr 21 -
Filed in
General
-
#TwoBlokesTrading
-
7 views
The US economy represents roughly 25% of global GDP but our stocks make up over 50% of total global market cap and 75% of the MSCI World index. It seems obvious that this disparate economic performance drove capital flows to the US over the last 15 years, with the result being that US assets are overvalued relative to the rest of the world.
