- US market is one of the least concentrated
- Authors say we have exited the low-return world
History doesn’t repeat itself, but it can come close to rhyming. How to balance risk given the dominance of US equities in the global stock market is a key question for any investor, especially after the most recent bull run driven by artificial intelligence (AI), which has driven the spectacular performance of stocks such as Microsoft (US:MSFT) and Nvidia (US:NVDA).
But data from the new edition of the UBS Global Investment Returns Yearbook (formerly a Credit Suisse publication) shows the US market is among the least concentrated globally.