Much of this growth has taken place against the background of ultra-low interest rates since the 2007-08 financial crisis. McKinsey points out that roughly two-thirds of the total return for ...

Contagion Effect Leading to Global Financial Crisis The financial markets’ collapse in the U.S. had a contagion effect that spread to other countries, with many economists dubbing it a global ...

The Americas come in second, at nearly 146%, while EMEA lags far behind at just under 44%. Financial wealth fuels gross wealth In the US, financial wealth makes up the lion’s share of gross wealth, ...