There's something special about the U.S. stock market- it's like the Eighth Wonder of the World when it comes to kicking out consistently big returns. Other regions have a nice runs now and then but they are always short-lived and microscopic compared to the U.S. Why is that? And how long can this level of dominance last?
On this episode of Trillions we speak with Steve Hou, Quantitative Researcher at Bloomberg Indices. He talks about why U.S. companies are rewarded for their innovation while other countries are not. We also speak about the attributes that make the US culture and economy unique and what regions stand the best chance to compete in the next decade.
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