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World Stock Market Capitalization
Year-end 2018
Total market cap: $50.9 trillion
PLEASE REPLACE THIS WITH CHART #118 WORLD STOCK
United States
55.6
MARKET CAPITALIZATION - 2019 YEAR END - IT'S IN OUR
SHARED DROPBOX FOLDER Europe ex United Kingdom 14.4
Asia ex Japan 12.5
Japan 7.2
United Kingdom 4.8
Canada 3.0
Latin America 1.4
Other 1.3
Source: Morningstar, 2020
Emerging-Market and International Stocks
vs. U.S. Stocks
Over the last 15 years, U.S. stocks were the top performer only
three times, in 2013, 2016 and 2019. In nine of those years,
emerging market stocks were the top performers. In seven of
those 15 years, international stocks outperformed U.S. stocks.
Chapter 3: You Must Have Growth In Your Portfolio
