The Kobeissi Letter
The Kobeissi Letter|Jul 01, 2025 00:11
This is incredible: The US stock market has never been this large. Total US public equity market capitalization hit a record 63.8 TRILLION, according to Goldman Sachs data. That’s DOUBLE the size it was 5 years ago. By comparison, previously it took 8 years, from 2012 to 2020, for the market to double in value. The US stock market is now more than 3 TIMES larger than Europe’s. It is also now larger than the combined market size of Europe, China, Hong Kong, Japan, and India. Mind-blowing numbers.
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