Think Global to Avoid the Shrinking U.S. Stock Market

A lot has been written in finance circles in recent years about the shrinking number of publicly-traded U.S. corporations. In this piece I wrote for Bloomberg I discuss what it means for investors in a more globalized world and why it is likely not that big of a deal for diversified investors. I also think that a lot of the companies that went public in the 1990s were smaller companies that never should have IPO’d i…