Re:It’s mostly a demand shock, not a supply shock, and it’s ...
by Jensson on Tuesday November 09, 2021 @12:54AM
(#29158216)
USA losing its status as the world leader might change that trend though. Before the pandemic it could be a few decades away, but now? Possibly within even just a few years, if that happens I wouldn't want to be among those having my savings in American stocks.
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Re:It’s mostly a demand shock, not a supply shock, and it’s ...
by asdff on Tuesday November 09, 2021 @05:47PM
(#29168581)
Where would you even put your money? There is no alternative. The NYSE and the NASDAQ have a combined market cap of 50 trillion dollars. The next largest exchange, In Shangai, has a market cap of 7 trillion. Euronext is also 7 trillion. JPX is 6.7 trillion. It's clear the world is parking their money here. They aren't going to put it elsewhere. We are the global marketplace.