Closed-End Fund Market Commentaries
Jan 24, 2017
Click here to access How U.S. & Other Developed Market Equities Have Fared Since Japan Peaked in 1989
View from the Observation Deck
1. China’s growth story has garnered a lot of attention from investors and the financial media over the past 10 to 15 years.Some pundits believe that China could one day supplant the U.S. as the world’s largest economy.We’ll see.
2. The same type of tale wasspun aboutJapan in the late 1980s.It did not come to fruition.In fact,China surpassed Japan to become the second-largest economy in the world in 2010, according to The Wall StreetJournal.The U.S. is still the largest.