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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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shawn
@shawn
Talk to fund managers who started out in the 80s and 90s (including some non US ones) - they have plenty of theories around qe infinity and the breaking of capital markets
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