120-year U.S. stock market dominance faces challenge from China's growing economy.
American stock markets have led global trading for 120 years, driven by post-New Deal regulations attracting risk-averse investors. Despite China's faster GDP growth, U.S. stock returns are 3.5x higher. The sustainability of U.S. market dominance is uncertain, with Japan's past rise and fall as a warning. China's growing economy raises questions about the future of U.S. stock market supremacy.
May 18, 2024
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