It’s a good point. Would be interesting to look into the data on saving rates etc. I’m in the midst of moving house so it will have to wait a few days but I’ll follow up when I get some time. Thanks for the comment!
Could it also be that UK citizens earn less cash after tax, and therefore have less to invest? Meanwhile US citizens save more, and therefore invest more (to pay for medical bills etc)?
Just stumbled on your Substack. Really enjoy it! Great piece and something we’ve observed in Greek markets as well. https://open.substack.com/pub/sofokleous/p/greeks-are-missing-from-the-greek?r=1p4c4w&utm_medium=ios
Thank you! I'll check out your Substack. Always interested in non-US investment content as it can feel hard to come by!
It’s a good point. Would be interesting to look into the data on saving rates etc. I’m in the midst of moving house so it will have to wait a few days but I’ll follow up when I get some time. Thanks for the comment!
Could it also be that UK citizens earn less cash after tax, and therefore have less to invest? Meanwhile US citizens save more, and therefore invest more (to pay for medical bills etc)?