The bull market has arrived, and we need to ask ourselves a question,

How much does a country's stock market rise to be considered reasonable?

Currently, the total market value of the US stock market is twice its GDP

The total market value of Japan and India's stock markets is 1.3 times their GDP

This year, my country's GDP is conservatively estimated to be 130 trillion

If we calculate it at 1.3 times,

the total market value of our stock market will rise to 170 trillion to be reasonable

This is the dividing line for us to judge whether the valuation of the stock market is reasonable