Random Thoughts

• At $63 trillion, the total value of US stocks is now four times bigger than all of Europe’s bourses combined. Ten years ago it wasn’t even twice the size.
• Europe doesn’t have a single public company valued at more than $500 billion. The US has eight worth more than $1 trillion.

The Stoxx Europe 600 Index is trading at a record 40% discount to the S&P 500 and this year’s underperformance is on track to be among the worst on record. The euro has slumped to its weakest level in over a year.

#finance
November 2024

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www.tgoop.com/random_from_sherlock/466

127 viewsNov 19, 2024 at 18:07

• At $63 trillion, the total value of US stocks is now four times bigger than all of Europe’s bourses combined. Ten years ago it wasn’t even twice the size.
• Europe doesn’t have a single public company valued at more than $500 billion. The US has eight worth more than $1 trillion.

The Stoxx Europe 600 Index is trading at a record 40% discount to the S&P 500 and this year’s underperformance is on track to be among the worst on record. The euro has slumped to its weakest level in over a year.

BY Random Thoughts