Remove 2025 Remove Market Capitalization Remove Risk-free Rate
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Data Update 2 for 2025: The Party Continued (for US Equities)

Musings on Markets

In my last post , I noted that the US has extended its dominance of global equities in recent years, increasing its share of market capitalization from 42% in at the start of 2023 to 44% at the start of 2024 to 49% at the start of 2025.

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Data Update 5 for 2025: It's a small world, after all!

Musings on Markets

It is for this reason that I chose to compute returns differently, using the following constructs: I included all publicly traded stocks in each market, or at least those with a market capitalization available for them. I converted all of the market capitalizations into US dollars , just to make them comparable.