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US stock market reportedly accounts for 45% of global equity market value

The Kobeissi Letter puts China and Hong Kong’s combined share at 16%, followed by Europe at 13%.

TK
1 Source, 2h ago, first seen 2h ago

TLDR

The Kobeissi Letter says the US stock market accounts for 45% of global equity market value, nearly three times China and Hong Kong’s combined 16% share. It puts Europe at 13%, the rest of Asia-Pacific at 11% and Japan at 6%.

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101.5K

1 Source, first seen 2h ago

839 likes93 comments87 saves126 reposts

Combined views

101.5K

1 Source, first seen 2h ago

839 likes93 comments87 saves126 reposts

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1 Source

@KobeissiLetterThe US stock market is in its own league. US stock market cap now accounts for 45% of the world equity market value, the most among any other major country or region. This is nearly triple the combined proportion of China and Hong Kong, at 16%. Europe and the rest of Asia-Pacific follow, accounting for 13% and 11% of global market cap, respectively. By comparison, Japan, the world's 3rd-largest stock market, represents just 6%. Meanwhile, the Middle East and Africa account for 5%, while Canada and Latin America make up 3% and 1%, respectively. The scale of the US equity market relative to the rest of the world is unprecedented.2h
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    @KobeissiLetterThe US stock market is in its own league. US stock market cap now accounts for 45% of the world equity market value, the most among any other major country or region. This is nearly triple the combined proportion of China and Hong Kong, at 16%. Europe and the rest of Asia-Pacific follow, accounting for 13% and 11% of global market cap, respectively. By comparison, Japan, the world's 3rd-largest stock market, represents just 6%. Meanwhile, the Middle East and Africa account for 5%, while Canada and Latin America make up 3% and 1%, respectively. The scale of the US equity market relative to the rest of the world is unprecedented.2h
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