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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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Recovery Without Rebalancing
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The Shape of Your Recession
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Jun 11 2008 12:00am EDT
Chart of the Day: US Capitalization
From Bespoke Investment Group:
That's quite an astonishing decline: As recently as 2004, the USA had 45% of the world's market capitalization. Today, it's less than 30%. Remember that, the next time someone tells you that the S&P 500 "is" the market.
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