Dr. Evil once said "One million dollars!" Well it seems that trillions is the new billions when speaking macro...
Some fun numbers I sort of halfheartedly researched:
Total Global MarketCap: 80 trillion (Beginning of year) https://data.worldbank.org/indicator/CM.MKT.LCAP.CD?view=chart
Total US MarketCap: 30 trillion (beginning of year)
Total US Consumer Debt expected at end of 2018: 14 trillion
AAPL/AMZN MarketCap: +1 trillion
China MarketCap: 5.75 trillion (was 10 trillion in 2015)
So AAPL + AMZN comprise 1/40th of the entire world market cap.
US Consumers have debt equal to 17% of the global market cap and 40% of our the US MarketCap.
Not sure what we are more confident about, growth, or debt lol.
These rounded numbers have no real correlation and found them among varying sources. Feel free to draw unrelated comparisons and correlations as I have done...for fun of course.
Oh and pop quiz, anyone know what comes after Trillion, NO googling!
Some fun numbers I sort of halfheartedly researched:
Total Global MarketCap: 80 trillion (Beginning of year) https://data.worldbank.org/indicator/CM.MKT.LCAP.CD?view=chart
Total US MarketCap: 30 trillion (beginning of year)
Total US Consumer Debt expected at end of 2018: 14 trillion
AAPL/AMZN MarketCap: +1 trillion
China MarketCap: 5.75 trillion (was 10 trillion in 2015)
So AAPL + AMZN comprise 1/40th of the entire world market cap.
US Consumers have debt equal to 17% of the global market cap and 40% of our the US MarketCap.
Not sure what we are more confident about, growth, or debt lol.
These rounded numbers have no real correlation and found them among varying sources. Feel free to draw unrelated comparisons and correlations as I have done...for fun of course.
Oh and pop quiz, anyone know what comes after Trillion, NO googling!