What?? Reached an all-time high of 209%

January 28, 2025 >> Macro Investors

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Dear all,

The S&P 500 reached a record $54.3 trillion in market cap last week, adding $1.1 trillion in 1 week.

Since the August low, the index's market cap is up a massive $8.5 trillion.
Furthermore, the index has added $12.4 trillion in value since the beginning of 2024.

The S&P 500 has added 78% of Europe's market cap and DOUBLE the size of the Japanese market in 1 year.

As a result, the US market cap to GDP ratio has reached an all-time high of 209%.