🔴 Goldman Sachs highlighted the rapid growth witnessed by Wall Street in recent years, noting that the US stock market has reached an unprecedented level of $63.8 trillion, a huge margin over its closest competitors, European stocks.
💬 Goldman Sachs said, "The US stock market has never been this large, and the total market capitalization of US public equities has reached a record high of $63.8 trillion, double what it was five years ago."
⬅️ The US stock market is now three times larger than the European stock market, with a market value of $18.8 trillion, while the Chinese and Hong Kong markets are worth $17.2 trillion, and the Japanese stock market is worth $7 trillion, according to Goldman Sachs data.