Australia Has World’s Best-Performing Stock Market Since 1900
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Australia has the world’s top-performing equity market over the past 120 years, thanks to its ability to largely evade the global financial crisis, according to a new study published by Credit Suisse Group AG.
Stocks Down Under have achieved an annualized real local-currency return of 6.8% per year since 1900, according to the broker’s Global Investment Returns Yearbook 2020. The report was produced in collaboration with the London Business School and Cambridge University.