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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (2580)7/7/2000 3:32:13 PM
From: Real Man  Read Replies (1) of 436258
 
Hi, Heinz - do you know the total market cap of all
US stocks? I read somewhere NYSE composite stocks are like
164% of US GDP or so... I don't know if that is true. I
guess, the total value of US stocks could exceed the total
GDP of the world at some point. Could be 70% of it right now. Insane, isn't it? In 1929 US stocks market CAP was 70% of US GDP. Japanese stocks were 130% of their GDP in 1989.
-Vi
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