The strength of the US stock market is truly unprecedented:
The total market value of US stocks as a percentage of global market value is now a record 48.8%.
This proportion has almost doubled in 15 years
The US stock market is now worth $57.4 trillion, twice the US GDP.
It is also 3 times the market value of major Asian stock exchanges and European stock exchanges.
The S&P 500 has risen 21% so far this year and has set 41 new all-time highs.
We are witnessing history.
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