World Stock Markets Continue to Rebound in January to Three-Year High of $57.2 Trillion
The total value of the world's stock markets increased by $2.4 trillion in January to $57.2 trillion, following a $3.1 trillion increase in December, according to data from the World Federation of Exchanges. Over the last 12 months the world stock market capitalization has increased by 23.2%, and by almost $11 trillion, as stock markets around the world recovered as the global economic recovery took hold. Compared to the cyclical, recession-low of $26.6 trillion in February 2009, world equities have more than doubled in value in slightly less than two years.
The $57.2 trillion value of world stocks is less than 10% below the $63 trillion pre-recession peak in October 2007, and is at the highest monthly level since December 2007 when the U.S. recession started.