Wall St is eating the world. Total US stock mkt capitalization has hit fresh ATH >$50tn. Wall Street's stock market value is now 43% of global mkt capitalization. A decade ago, the share was still 30%. pic.twitter.com/dKMllqkuFo
— Holger Zschaepitz (@Schuldensuehner) August 4, 2021
#recession … #GFC2 US #Asset #Bubbles edition https://t.co/aK1hBN245O
— Invariant Perspective (@InvariantPersp1) August 4, 2021
During bubbles consensus is there is nothing worth #investing in other than #bubble stocks. Compared to 2000’s bubble today is the bubble of all bubbles. (Chart: BofA) pic.twitter.com/IY5dvn9P25
— Richard Bernstein Advisors (@RBAdvisors) August 4, 2021
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