The market cap of the top 15 stocks is approaching the equivalent of 50% of US GDP. Just buy, buy, buy until this puppy blows.

https://twitter.com/NorthmanTrader/status/1280199096817512449

S&P 500 has jumped 24% since this time last quarter adding $10T…forward valuations grew twice that rate, from 16.5x est profit to 25x. Expected S&P 500 earnings over next year fell from $150/share to $124.50 in last 3 months, fastest drop in data to 1990https://t.co/82GbZgJ5CJ pic.twitter.com/fnMnPpX0DA

— Danielle DiMartino Booth (@DiMartinoBooth) July 6, 2020

https://twitter.com/adam_tooze/status/1280165515563020288

AXIOS. From February to the end of June, total assets held by the three major central banks (ECB, Fed, BOJ) soared $5.6 trillion to a record $20.1 trillion — with the Fed now holding over $7 trillion, data from Yardeni Research sho…https://t.co/OCNXGfsXUl https://t.co/RnvqUFvBbc

— Yardeni Research (@yardeni) July 6, 2020

https://twitter.com/LordPolemos/status/1280196267440652289

https://twitter.com/ThinkTankCharts/status/1279837176419815424

On March 9, 2009, the combined market cap of Apple, Microsoft, Google (Alphabet), and Amazon was $326 billion.

Their combined market cap today: $5.77 trillion, up more than 17x since 3/9/09.$AAPL $MSFT $GOOGL $AMZN

Data/Chart via @ycharts pic.twitter.com/LRfxqBm0PV

— Charlie Bilello (@charliebilello) July 6, 2020

pic.twitter.com/WReNnuftni

— zerohedge (@zerohedge) July 6, 2020

Amazon + Microsoft: $3.1T*
France GDP: $2.9T
India GDP: $2.8T
Italy GDP: $2.0T
Brazil GDP: $1.9T
S Korea GDP: $1.7T
Russia GDP: $1.7T
Canada GDP: $1.7T
Australia GDP: $1.4T
Mexico GDP: $1.3T

*Equity market capitalization.

Via @BearTrapsReport

— Lawrence McDonald (@Convertbond) July 6, 2020

https://twitter.com/ThinkTankCharts/status/1280250495156789249