The Global Stock Market: More of These, Less of Those
"Learn how to see. Realize that everything connects to everything else." - Leonardo da Vinci Given our ongoing fascination with 13F reports and the undulating list of 13F securities, which recently gave rise to our post, US Stock Market: Made of These, we have now turned to our old friends - and the data they curate - at the World Federation of Exchanges (WFE) to 1) corroborate some of our findings from the 13F dataset, and perhaps much more importantly, 2) assign a more global perspective to our ongoing analysis. So, with that said, here are a few tasty tidbits to chew one while we bake this research into a more comprehensive meal behind the scenes: In the Exhibit below, Alphacution presents aggregate global stock listings for the full sample of 192 months beginning January 2003 and ending December 2018. Today that figure stands at ~52,000 stock listing among the WFE member exchanges. Meanwhile, the portion of global stock listings in the Americas region - which includes US, Canada, Latam [...]