Stocks are worth more than the whole economy

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-08-12 at 12:45:00 CDT

Global stock market capitalization is higher than global GDP for one of the few times ever. Even just the valuation of U.S. stocks is nearing half of global output, a level seen only twice before in the past 60 years. The other two preceded many years of U.S. underperformance relative to the rest of the world's markets.

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