Not All Stock Markets Are The Same

Not All Stock Markets Are The Same by Lawrence Hamtil

In a recent post that created a bit of a stir, I outlined a few reasons why equity investing hasn’t always yielded stellar results in all countries, and that much of the idea of ‘stocks for the long run’ comes from the Anglo-Saxon countries in general, and from the United States in particular.

Continuing with that theme, I thought it would be worthwhile to dig a little deeper to show just how stark some of the differences are between the primary Anglo-Saxon markets (the US, Canada, Australia, the UK, Ireland, and New Zealand), and their global contemporaries.

The World Bank keeps a fairly detailed database of...