“Who can blame a normal human when they’re riding in the car to and from work and the radio hosts aren’t talking about global markets, they’re talking about the Dow and the S&P,” Hall said. “In market conversations, the context is more often than not U.S. large caps.”
Ironically, in an era where economies and people are more globally connected than ever before, home country bias remains intransigent.
“We talk about a global economy, but we don’t invest as if we were citizens of the world,” Newcomb said.