nvm

Euro area households, which are increasingly channelling funds into low-cost ETFs, have around €440 billion of exposures to US technology equities without necessarily being aware of the associated concentration risk

I think they’re well aware of the risk and that’s something they’re willing to gamble with

There is plenty of opportunity for them to invest in safer less risky investments

There is also plenty of people who are investing and will continue to invest through any 2008 financial crisis or dot com bubble and will simply pick up cheap stocks

The reality is that if Europe wants less Europeans exposed to the Mag 7 it needs to make its own stock markets more attractive, which as per usual it is taking its sweet time with

Still work do to on capital markets union, German minister says

https://finance.yahoo.com/economy/policy/articles/still-capital-markets-union-german-151037510.html

I’m also not sure why people are so hyped up on a potential correction, there’s been like 3 in my life time (asian financial crisis, dot com bubble and 2008 financial crisis), it’s not like we won’t come out the other side and keep building

huge number of people who make controversial statements (particularly those who are pro-russia) have their profiles set to hidden so you can’t see what else they have posted