New Delhi, May 23 -- Global equity landscape is undergoing a paradigm shift, with Jefferies' Christopher Wood anticipating a long-term decline in US market dominance, weakening of the dollar, and a reallocation toward Asian assets and defence plays.

In his latest GREED & fear report titled "The End of an Era", Christopher Wood, Global Head of Equity Strategy at Jefferies, declared that the American equity market has likely passed its peak influence. He pointed to the technical breakout of the MSCI All Country World ex-US Index-unchanged since 2007-as strong evidence of this shift. As of December 2024, US stocks accounted for 67.2 percent of the global index, despite representing just 26.4 percent of global GDP in nominal terms and 14.9 p...