If you took all the stocks in the world and put them in a single basket, about 58% of that combined market cap would be U.S. stocks. If you want to look that number up, just download a fact sheet for the MSCI ACWI IMI Index. All those cryptic acronyms mean that the index includes stocks of all sizes, for all countries that have stocks. In second place is Japan, with about 6.3% of the world’s stocks by market cap, followed by the U.K. at 3.9%.
For anyone with an Interactive Brokers account, the world is your oyster. Stocks that trade on any global exchange are accessible, and by holding them you’re diversifying your portfolio in numerous ways. It’s something we touched on in our recent piece on how to Protect Your Portfolio When the U.S. Dollar Collapses. Today, we’re going to talk about a popular life sciences company – Oxford Nanopore Technologies – that’s decided to have their initial public offering (IPO) on the London Stock Exchange (LSE).
(All below numbers are in USD unless otherwise stated.)
About Oxford Nanopore Stock
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