In the following video, John Reeves discusses a Bloomberg article saying that Chinese companies have now been pushed off the list of the top 10 biggest stocks by market value; all the top 10 are now American. At the peak of the market bubble in October 2007, just before the financial crisis, five of the top 10 were Chinese. In the video, John takes us through the major moves that displaced these Chinese companies, and put America on top.
China gets bumped off the list of the top 10 biggest stocks by market value.
John Reeves owns shares of Apple and Starbucks. The Motley Fool recommends Apple, Johnson & Johnson, and Starbucks and owns shares of Apple, China Mobile, Johnson & Johnson, and Starbucks. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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