Friday, August 29, 2014

Market capitalization to GDP for 1999, before the August 2000 high and subsequent crash

The Wilshire 5000 level at the end of December 1999 was 13,812.7. Multiplied times 1.2 yields a total market capitalization of $16.57524 trillion.

Nominal GDP for 1999 was $9.6606 trillion according to the latest figures from the BEA.

The former divided by the latter yields 1.72.

The ratio through March 2014 is 1.41.

The ratio through June 2014 is 1.45.