Mauboussin: Stocks Are Disappearing As Markets Are Becoming More EfficientRupert Hargreaves
There has been a sharp fall in the number of listed stocks in the United States since 1996 according to a new research paper from Credit Suisse’s Michael J. Mauboussin.
The article notes that US stock listings have fallen by around 50% since 1996 through 2016, but this isn’t a global phenomenon. In fact, around the rest of the world’s stock listings rose by 50% over the same period. As a result, the US now has a listing gap of more . . .
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