in

Stocks Add $26 Trillion Since 2020 – Trustnodes

Stocks Add $26 Trillion Since 2020 – Trustnodes


The global stock market has gained $26 trillion since its previous high in January 2020, adding 30% of its then global market cap of $90 trillion.

That follows mass money printing globally that has increased the Fed’s balance sheet from under $4 trillion to now more than $8 trillion.

The vast stimulus has contributed to most US indices hitting new all time highs with the current global stock market cap currently at above $116 trillion.

By comparison, bitcoin is still tiny, worth $780 billion with the entire crypto market cap at just $1.6 trillion or about 1% of global stocks.

Apple’s stock market cap, on the other hand, has surpassed $2.4 trillion with Google’s standing at $2.6 trillion while Microsoft is at $2.14 trillion.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

'Don't Be Lulled' as European Commission Mulls a Crypto KYC Trap

‘Don’t Be Lulled’ as European Commission Mulls a Crypto KYC Trap

Bears Interrupt Bulls at $1,818 Zone – Cryptovibes.com – Daily Cryptocurrency and FX News

Bears Interrupt Bulls at $1,818 Zone – Cryptovibes.com – Daily Cryptocurrency and FX News