Chart: Stock Market Capitalization as a Percent of GDP (Guggenheim Investments)

Guggenheim Investments’ Macro View for the end of January contained a great chart showing stock market capitalization as a percentage of GDP for the United States, India, the EuroZone and China. It was noted that US  stock market capitalization as a percent of GDP is at its highest level since the third quarter of 2003, the year this global comparison data became available. The chart reveals that equity valuations in the euro zone, China and India appear much lower. However and as central banks in those countries implement policies to reflate their economies and structural reforms take hold, their stock markets could present more attractive opportunities over the longer term.

To read the whole accompanied article, Good Company, Bad Stock, go to the website of Guggenheim Investments.

Similar Posts:

• Artemis’ Edelsten: Emerging Markets are Expensive With the Exception of China (What Investment)
• Chart: Chinese Margin Debt vs Other Stock Market Crashes (Guggenheim)
• Experts: Tread Carefully With Emerging Market Investments (FE Trustnet)
• China and India to Overtake U.S. Economy This Century (Bloomberg)
• MOBIUS INVESTMENT TRUST: Mobius Scans Far Horizons as China Shunned – Manager Carlos Hardenberg Says he is Facing Strong Headwinds (Daily Mail)
• Chart: Asia GDP Per Capita Has Risen Sharply Since 1960 (Aberdeen)
• Pick Stocks, Not Countries, in Emerging Markets (FE Trustnet)
• CLSA Equity Strategist Says India is the Best BRICs Investment Destination (LM)
• Singapore’s GIC Bets on Emerging Market Technolgy Investments (Reuters)
• With China on ‘Extended’ Path to Reopening, Emerging Market Equities Will Outperform Peers in Developed Economies, Record Double-digit Growth, Allspring Analyst Says (SCMP)
• BlackRock’s Swann: Look at the China Slowdown in a Long Term Context (FE Trustnet)
• 8 of 10 Fastest Growing Markets are Frontier Markets (Mobius Blog)
• The World in 2050 (PWC)
• India and Indonesia are Better Positioned to Survive Rising Oil Prices (CNBC)
• Aberdeen CIO: India Will Surpass China for Growth (FE Trustnet)