📈 U.S. Equity Market Gains Outpace Other Advanced Economies After the Global Financial Crisis Era

Following the 2008 Global Financial Crisis, the U.S. stock market entered a period of robust growth, driven by strong corporate earnings, rapid technological innovation, resilient investor confidence, and the rise of high-performing tech stocks. In contrast, equity markets in other advanced economies generally struggled with sluggish economic growth, structural challenges, recurring disruptions, and underinvestment in technology.

From 2007 to 2024, the U.S. share of global stock market capitalization surged from 34% to 50%, solidifying its dominance in global equity markets. Over the same period, the share held by other advanced economies declined from 46% to 27%, reflecting relative stagnation. However, following recent trade tensions, the U.S. share dipped slightly to 48%, while the share of other advanced economies rose to 30%.

Over these 17 years, U.S. stock market capitalization more than tripled, achieving a compound annual growth rate (CAGR) of 7.0%. In contrast, the equity markets of other advanced economies grew by just 25% (1.3% CAGR). Adjusted for inflation, their stock markets have delivered virtually no real growth—underscoring a prolonged period of underperformance compared to the United States.