US equites represent approx. 57% of entire world value. That’s a problem ?
US equity investors have easy and cheap ability to invest anywhere in the world
maybe it’s better if money losing companies don’t offer stock to the public
This article does not explain how many people lost their shirts supporting startup companies in 2000 and 2008. The stock market has had a long history of melting up 6%.
Big story is access to capital is easier for larger private companies so many stay private rather than play the quarterly earnings game.
M&A