🔶 Shocking Stat of the Day: The total value of global stocks and bonds hit $255 trillion in July, marking a new all-time high.
🔶 Compared to 2008, global stocks and bonds are now 2.5 times higher.
🔶 World debt securities now total $130 trillion, while equities are valued at $125 trillion.
🔶 Over the past 14 years, global stocks have quadrupled in value, while bonds have doubled.
🔶 These markets now represent 233% of global GDP, the third-largest on record, just behind 2020 and 2021.
🔶 All-time highs are everywhere.