Learned some new facts about our macroeconomic situation today:
1. The U.S. is less than 5% of the world’s population yet accounts for nearly half of global equity market cap.
2. 58% of U.S. households own equities.
3. U.S. equity market is worth ~$55 trillion, while China’s is worth ~$10T.
4. 120 million Americans are equity owners. That’s more than the population of Germany, France, and the UK combined.
Socialists hate how strong our capitalist economy and capital markets make our country. Worth digging into how this actually works 👇
#SIFMAPartner
