TKL: Global market cap as % of global GDP has reached 117%, doubling since 2008 and the highest since 2022.

TKL: Global market cap as % of global GDP has reached 117%, doubling since 2008 and the highest since 2022.

This percentage has now exceeded the 2000 and 2007 peaks, standing slightly below the 2021 high.

The surge has been primarily driven by US stocks which now account for over 50% of the global stock market.

Over the last 10 years, US markets have added $40 trillion in value.

Investors are all-in on equity markets.

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