Seeking Alpha
Registered investment advisor, macro, ETF investing
Profile| Send Message|
( followers)  

The current value of all stocks around the world based on Bloomberg data is $46.8 trillion. Even in this post-collapse age where we have become numb to numbers in the billions and trillions, $46.8 trillion is high.

On the day that US equity markets hit their all-time highs in 2007, world market cap stood at $61.26 trillion. At the lows in March 2009, that number stood at $25.6 trillion -- an astonishing one and a half year decline in value of $35.67 trillion, or 58.2%. Since the lows last March, the total value of stocks around the world has risen by $21.2 trillion (82.9%). Global markets need to gain another $14.4 trillion (+31%) to get back to all-time highs.

click to enlarge

Below we highlight market caps of the 40 largest countries by market cap, and where things stood on 10/9/07 (all-time high), 3/9/09 (bear market low), 12/30/09 (year-end '09). At the moment, the ten largest countries made up 75% of world market cap. The US makes up 30% of world market cap.

Source: World Market Cap at $46.8 Trillion