Odaily Planet Daily News: The Kobeissi Letter posted on X that the U.S. stock market capitalization-to-GDP ratio has risen to a record high of 238%. The current total market value of stocks stands at $75.7 trillion, far exceeding the economy's size of approximately $31.8 trillion.
Since the S&P 500 hit its low on March 30, this ratio has risen by 38 percentage points, exceeding the peak of approximately 148% during the 2000 dot-com bubble by 90 percentage points. Since the 2008 financial crisis, U.S. stock markets have grown at five times the rate of the underlying economy.
