Since 1987:
The US GDP in Q2 1987 was $4.8 trillion
Wilshire 5000 capitalization
was $3.0 trillion,
or 62% of Main
Street GDP.
In 2021, 34 years later,
the Wilshire 5000 market cap
had increased 1,440%
had increased 1,440%
to $46.3 trillion,
or 204%
of GDP.
Since 2007:
The real GDP growth rate since the pre-recession peak in Q4 2007 was just 1.5% per year, less than half its pre-2000 historical trend.
In October 2007, Wilshire 5000 capitalization was 106% of GDP.
In 2021, just 14 years later, it rose from 106% to 204%.
The growth rate of the US economy has been cut in half, but stock
market capitalization doubled ?
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