On December 28, KobeissiLetter released data showing that the US stock market has reached an all-time high, with the total market capitalization of publicly traded stocks now at a record $72 trillion. This is more than 3.5 times the size of the European market and also exceeds the combined market capitalization of the stock markets of Europe, China, Japan, India, France, and the United Kingdom.
Meanwhile, the Nasdaq's market capitalization has more than doubled since 2022, reaching a record high of approximately $38 trillion. At the same time, the New York Stock Exchange's market capitalization surged by $10 trillion, reaching approximately $32 trillion.
