๐ Stunning Statistic of the Day: Dominance of the U.S. ๐บ๐ธ๐คฏ
The top 10 U.S. stocks now have a combined market capitalization of $24.5 TRILLION. ๐ฐ๐
This is 5 TIMES more ๐๏ธโฌ๏ธ than the total value of stocks in the broad Euro Stoxx 50 index of Europe. ๐ช๐บ
The top 10 are also 5 and 6 times larger than the size of the economies of Germany ๐ฉ๐ช and Japan ๐ฏ๐ต, respectively. ๐ฒ
Furthermore, the market capitalization of the top 5 stocks is greater than the combined economies of Germany, Japan, India ๐ฎ๐ณ, and the United Kingdom ๐ฌ๐ง. ๐ค๐
Large-cap U.S. stocks are dominating. ๐ช๐
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