US Stock Market Cap to GDP Reaches 190%, Eclipsing Dotcom Bubble High
The Breakdown1 Sep 2020

US Stock Market Cap to GDP Reaches 190%, Eclipsing Dotcom Bubble High

Today’s episode of The Breakdown looks at the stories the stock market is trying to tell, including: New all time high in total market capitalization to GDP ratio (higher than dotcom bubble) “No precedent for how high” valuations can go Fed denies asset bubble; intimates it wouldn’t care about asset bubbles if full unemployment comes with it Bezos at $200,000,000,000 Percentage of stocks traded by individuals reaches all time high of 20% Robinhood leads in FTX complaints Buffett’s Japan trading firm bet

Episoder(2059)

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