美国股市市值与GDP比率升至238%创历史新高

Odaily Planet Daily News: The Kobeissi Letter posted on platform X, stating that the ratio of the US stock market capitalization to GDP has risen to a historic high of 238%. The current total stock market value is $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 90 percentage points higher than the level of approximately 148% during the peak of the internet bubble in 2000. Since the 2008 financial crisis, the growth rate of the US stock market has been five times that of the underlying economy.