10/11/2023
When people ask me why my portfolios have less Canadian stock content than foreign equity content, it's helpful to look at this graphic from "Visual Capitalist".
https://www.visualcapitalist.com/the-109-trillion-global-stock-market-in-one-chart/
Canada only represents 2.7% of global market capitalization, so if most of your stocks are Canadian, your portfolio has a "home bias" and you're missing out on the majority of opportunities!
We show the entire global stock market in 2023, illustrating the dominance of U.S. markets. But as structural dynamics shift, will this last?