Stock Markets Gain $17 Trillion in Value Since Early 2009

The value of world stock markets increased by $1.6 trillion in November (data here) to $45.4 trillion, the highest level for total world stock market capitalization since August 2008 (see chart below). The world’s stock markets have increased in value eight out of the last nine months, and world markets have gained $17 trillion in market capitalization since the February bottom of $28.7 trillion, representing almost a 60% increase this year.

Over the last year, 51 out of the 53 stock markets tracked by the World Federation of Exchanges have registered positive gains in market capitalization, and some stock markets have more than doubled in value since November 2008 including Brazil (+119%), India (+121%), Indonesia (+145%), and China (+146%),

About Mark J. Perry 262 Articles

Affiliation: University of Michigan

Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.

He holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University in Washington, D.C. and an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota.

Since 1997, Professor Perry has been a member of the Board of Scholars for the Mackinac Center for Public Policy, a nonpartisan research and public policy institute in Michigan.

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