The US stock market capitalization as a percentage of the nominal GDP is still high in historical terms. Data includes December 2012.
Source: Bianco Research
The current valuation of 106 % is far above the average valuation of around 60% of the nominal GDP during the last century..
Geir Solem
elliottwavetechnician.com
Copyright (C) all rights reserved
Source: Bianco Research
The current valuation of 106 % is far above the average valuation of around 60% of the nominal GDP during the last century..
Geir Solem
elliottwavetechnician.com
Copyright (C) all rights reserved
