US vs Europe (and the rest of the world)

US companies are dominating the stock market like never before. The 500 firms in the S&P 500 make up nearly half of the world's total market capitalization. That is massive, taking into account countries like China and India.

Additionally, Morgan Stanley's chief equity strategist and CIO Michael Wilson expects the S&P 500 to rise 11% to 6,500 by the end of 2025. 

In contrast, European Stocks are now underperforming U.S. Stocks by the largest margin in history.

Sources: Barchart, Bloomberg, SRP, HolgerZ