U.S. Market Dominance: A Bubble Draining Global Wealth?
Ruchir Sharma, chair of Rockefeller International, warns of a massive bubble in U.S. financial markets, driven by unprecedented global investment in American assets. U.S. companies now dominate 70% of the leading global stock index, despite the U.S. economy comprising only 27% of global GDP. This concentration of investment is drawing capital away from other markets, potentially destabilizing them. Sharma's concerns are echoed by other experts, who note the risks of a "mother of all bubbles" in U.S. markets, exacerbated by foreign capital inflows and market sentiment.
