Thursday, June 11, 2009

Update: World Markets Increase By $11.7 Trillion

Thanks to Scott Grannis for the chart above, showing the $11.7 trillion increase in global stock market capitalization since the March 9 bottom, using weekly data from Bloomberg. I reported yesterday on the $9.625 trillion increase through the end of May, using monthly data from the World Federation of Exchanges. Having access to Bloomberg gives me a major case of "data envy."

5 Comments:

At 6/11/2009 11:38 AM, Blogger Public Library said...

Ironically = to the approx. amount of capital and guarantees issued by the US Government. I wonder what the cost of all this will be...

 
At 6/11/2009 12:19 PM, Blogger William said...

The Fed released the Q1 2009 Flow of Funds report today.

According the Fed, household net worth is now off $14 Trillion from the peak in 2007.

 
At 6/11/2009 12:33 PM, Anonymous Anonymous said...

Public Library,

Ironic, but not applicable. By far the greatest global equity gains have been in the emerging markets where no U.S. government guarantees are in place.

 
At 6/11/2009 4:41 PM, Anonymous Anonymous said...

William,

Given the markets are up roughly 20% this quarter, home prices are showing signs of stabilizing, and debt is being paid down, I wouldn't be surprised to see some improvement in household net worth in Q2.

 
At 6/12/2009 9:45 AM, Anonymous Αμάτι Nώνυμος said...

Athletes will review this curve during handstand then realize that inverted it represents negative time plotted against the value of the dollar. Such a realization begs the answer that we now face advancing inflation. Employers will now attempt to lock their employees into long term wage contract at today's low wage level. Frugalistas will be buying up automobiles quickly before rising prices cheat them out of extra floor-mats and xenon headlamps. Collectors everywhere will be buying up baseball cards.

Your reflux does not permit headstand? Not to worry. You can invert the curve with some graphics cards or manipulate the saved file with some software.

 

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