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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (2924)4/6/1998 11:48:00 AM
From: Worswick  Read Replies (1) of 9980
 
The Japanese postal savings of US$10 trillion equal a sum greater than 10% more than US GDP.

An astounding figure.

"A telling barometer of the euphoria discounted in stock prices... is the market capitalization of stocks in the Wilshire 5000-the broadest accounting of U.S. publicly traded stocks. The capitalization of stocks in the index is currently just over $10.0 trillion. This is more than 10% greater than GDP and almost double the value of the goods and services produced by all public and privately-held corporations".

(C) The Dismal Scientist
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