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Giuliano Giacaglia
@giu
The European market versus the American market. They tracked and followed a similar path until 2010, but have diverged since then. My guess what happened was that there weren’t many important tech companies and the U.S. has produced most of the important tech companies. Any other theories of what happened?
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Leo
@lsn
This is fascinating in general, particularly for me. I was age 9 in 2009; a supercharged US market and sluggish Euro stocks has always felt like the norm to me, but it’s clearly a recent phenomenon I would guess the difference is the internet emergence of global platforms that benefitted from the large local market
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Leo
@lsn
and then expanded globally from the US to the world. I expect India built platforms to do well next decade
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