Seeking Alpha (January 17)
2022/ 01/ 18 by jd in Global News
America has become “an attractive sponge to absorb capital from everywhere. As a result, the US stock market capitalization currently represents 61% of the global stock market capitalization, despite the fact that US GDP is only 23% of global GDP.” US equities also “now represent about 200% of US GDP, which is an all-time high.”
Tags: Absorb, Attractive, Capital, Capitalization, Equities, GDP, Global, Sponge, Stock market, U.S.