U.S. Stock Market Has Dominated the World For 120 Years
The United Kingdom had the world’s strongest stock market up until the early 1900s. However, at the start of the 20th century, the U.S. stock market grew by leaps and bounds outpacing the U.K. by a large margin. The dominance of the U.S. stock market started in 1904 and no other country has come closer since then. The global supremacy reigns for over 120 years making it the longest-ever serving financial market in history. Also Read: 10 ASEAN Countries To Ditch the U.S. Dollar Source: Fortune The U.S. Stock Market Reigns Supreme For 120 Years Source: Unsplash While the U.S. stock market has been on top for over 120 years, only China seems to be competing with its dominance. However, despite the competition, the Chinese economy remains at a distant second and has a long way to the top. Also Read: Asian Hedge Funds Are Massively Accumulating the U.S. Dollar That’s taking into consideration China’s growing economy and GDP only. Its equities, the Shanghai Stock E...