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A comment on Europe is now a corporate also-ran. Can it recover its footing?. Parent comment

Re:Europe is now a corporate also-ran. Can it recover its fo... by pydry on Saturday June 12, 2021 @09:37AM (#27484392)
>That aligns with the state of the art having a home in Europe around then.

Does it? Bigger doesn't mean more state of the art. Comcast isn't state of the art. Exxon isn't state of the art. Most big companies aren't Apple.

Moreover, the size of American companies is somewhat exaggerated cos of liquidity being pumped into the stock market.

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Re:Europe is now a corporate also-ran. Can it recover its fo... by hollerith on Saturday June 12, 2021 @09:44AM (#27484438)
The US gov didn't pump liquidity directly into the stock market: they reduced the cost of borrowing, which increased investment in basically everything, e.g., collectible baseball cards. My point is that investors bid up the price of European stocks as well as US stocks.
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