US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing Dot-Com Bubble High

The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it?

Today’s episode of The Breakdown looks at the stories the stock market is trying to tell, including:

  • New all-time high in total market capitalization to GDP ratio (higher than dot-com bubble) 
  • “No precedent for how high” valuations can go 
  • Fed denies asset bubble; intimates it wouldn’t care about asset bubbles if full unemployment comes with them
  • Bezos at $200,000,000,000
  • Percentage of stocks traded by individuals reaches all time high of 20%
  • Robinhood leads in FTX complaints
  • Buffett’s Japan trading firm bet
Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
About Mondest 5189 Articles
A crypto fan, always learning new things.

Be the first to comment

Leave a Reply

Your email address will not be published.


*