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Open original source ↗🫡 Talk about going out on 🔝 ⛰️… https://t.co/H0On4DoHHy
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Markets are witnessing history: The US stock market cap-to-GDP ratio is up to a record 218%. This comes as the stock market's value jumped to an all-time high of $68 trillion, far exceeding the ~$31 trillion size of the US economy. This ratio has surged +56 percentage points over the last 8 months. As a result, the metric is now ~78 percentage points above the 2000 Dot-Com Bubble peak. Since the 2020 pandemic, the US stock market has grown twice as fast as the world’s largest economy. Own assets or be left behind.
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