US stock market capitalization-to-GDP ratio rises to 238%, hitting a new all-time high

Odaily Planet Daily News The Kobeissi Letter posted on X platform, stating that the ratio of U.S. stock market capitalization to GDP has risen to a record high of 238%. The current total stock market value stands at $75.7 trillion, far exceeding the economic scale of approximately $31.8 trillion.

Since the S&P 500 bottomed on March 30, this ratio has increased by 38 percentage points, and is now 90 percentage points higher than the peak level of about 148% during the dot-com bubble in 2000. Since the 2008 financial crisis, the growth rate of the U.S. stock market has been 5 times that of the underlying economy.