The US stock market now accounts for a massive ~45% of total global market cap.
Since 2008, the US' share has risen by ~15% to its largest since 2004.
The US equity market size is now larger than India, China, Australia, Switzerland, Germany, Canada, UK, France and Japan COMBINED.
US stocks also account for almost 65% and more than 70% of the MSCI ACWI and the MSCI World indexes, respectively.
To put this in perspective, Nvidia, $NVDA, alone exceeds the GDP of all but 11 countries in the world.
Truly incredible.
The top 10% of S&P 500 stocks now account for 75% of the index's market cap.
This is an even higher percentage than the peak of the Dot-com bubble.
Big stocks are getting even bigger in the new AI-based world.
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- LEESIMON·04-04🩷GoodLikeReport