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U.S. vs. China: Which economy should you invest in?
By The Fifth Person  •  April 30, 2021
The 20th century was undoubtedly the American century. The United States economy rose to prominence after WWII, led by an unprecedented technological boom that pushed the country — along with the rest of the world — into the digital age. As America’s economy boomed, so did its stock market. Since January 1950 to December 2020, the S&P 500 has returned 22,190%. The U.S. is still the number one economy in the world right now, but China’s swift rise means that the 21st century is shaping out to be hugely different. Over the last 15 years, the Shanghai Composite Index grew 177% and largely kept paced with the S&P 500 which grew 231%. Chart obtained from Tiger Brokers Trade App. S&P 500 vs SSE Composite. Will the U.S. continue to remain number one in the decades to come? Or will China overtake the U.S. and become the world’s largest...
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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