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The U.S. Market: Innovation and Risk
This chapter analyzes the remarkable dominance of the U.S. equity market, particularly the NASDAQ 100, and its innovation-driven performance compared to European markets. It explores cultural traits such as risk-taking and resilience that enhance America's tech landscape and contribute to its market superiority. The conversation also introduces a quantitative researcher from Bloomberg Indices, who discusses the importance of R&D as a measure of innovation in American firms.