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Chart of the Day: US Almost 50% of the World

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Today’s Chart of the Day from Torsten Slok with Apollo shows that the United States now makes up almost 50% of the world’s total stock market value. This is up from a low of 27% during the Great Recession in 2008. This growth is the result of a combination of free trade, capitalism, and our rule of law that many other countries do not have.