The top chart above shows the world stock market capitalization based on data from the World Federation of Exchanges, in trillions of USDs, monthly from January 1996 to April 2009. The bottom chart shows the monthly change in world stock market value, measured in trillions of USDs. The $4.2 trillion increase in April’s world stock market capitalization, from $29.8 trillion in March to $34 trillion in April is the largest single month increase in the history of the World Federation’s data.
About Mark J. Perry
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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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