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Analysts at Goldman including Tadas Gedminas and Kevin Daly converted economic growth projections into estimates of equity market capitalization, and concluded that the U.S.’s global share will fall to around 35 per cent in 2030 from 42 per cent in 2022. In the same period, emerging markets’ share will rise to 35 per cent from around 27 per cent, and then keep growing from there.Canada's best source for investing news, analysis, and insight on investment strategies, stocks and more.
“The most important dynamic underlying EM capital market growth in our projections is the equitization of corporate assets, the deepening of capital markets, and the disintermediation that takes place as financial development proceeds,” Goldman said in a note emailed on June 23, citing reports originally published on June 8.
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