The US economy is the second largest in the world behind China. Based on 2015 data, the US GDP is about $18.0 Trillion in terms of Purchasing Power Parity (PPP). At about 321 million, the population of the country is much smaller than China. The size of the individual states in the US is equal …
The European Union(EU) includes countries and territories that are outside from Europe. For example, countries such as Aruba and Netherlands Antilles in the Caribbean are also part of EU though they are far away from mainland Europe and are closer to the US and North America than Europe. Similarly the beautiful island of Reunion in …
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The contribution to global GDP by select countries is shown in the chart below. The US accounts for the largest portion of the world’s GDP. Click to enlarge Source: Out!, Compass 23, 16, Barclays The UK accounts for less than 5% of the GDP. Since the British economy is so small at a global level all the …
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Investors across the world tend to biased towards their own country’s equity markets and accordingly overweight their portfolios with domestic stocks. However this home bias strategy can adversely affect an investor’s returns due to lack of diversification and depending too much on the domestic equities. The chart below shows how the home bias issue varies …
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