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Trump's stock market is great, but rest of the world is greater - Bloomberg
Trump's stock market is great, but rest of the world is greater, Bloomberg, 10/27/17
President Donald Trump likes to boast about how well the U.S. stock market’s done during his term. What he doesn’t mention is that the rest of the world has gotten richer, faster at the same time.
American equities are now worth $28.4 trillion, having swelled by almost $3 trillion since he took office in January, according to data compiled by Bloomberg.
But they’ve lost ground against the rest of the world.
All stocks across the globe are valued at $89.9 trillion. U.S. shares make up only 31.6 percent of that total. That’s the lowest proportion since November 2011, or a few months after the U.S. flirted with default. And it’s sunk from the 11-year high of 38.3 percent set in December under then-President Barack Obama.
President Donald Trump likes to boast about how well the U.S. stock market’s done during his term. What he doesn’t mention is that the rest of the world has gotten richer, faster at the same time.
American equities are now worth $28.4 trillion, having swelled by almost $3 trillion since he took office in January, according to data compiled by Bloomberg.
But they’ve lost ground against the rest of the world.
All stocks across the globe are valued at $89.9 trillion. U.S. shares make up only 31.6 percent of that total. That’s the lowest proportion since November 2011, or a few months after the U.S. flirted with default. And it’s sunk from the 11-year high of 38.3 percent set in December under then-President Barack Obama.
There's a graph beginning in 2004 of U.S. market capitalization as a percent of global market capitalization
https://www.bloomberg.com/news/articles/2017-10-27/trump-s-stock-market-is-great-but-rest-of-the-world-is-greater
This is from late October, it's something I should have posted back then.
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