Visitors to sites such as CNBC and The New York Daily News this morning were treated to a hack by the Syrian Electronic Army redirecting them to i.imgur.com/qDS3RZY.png.
Thursday, November 27, 2014
Wednesday, November 26, 2014
Tuesday, November 25, 2014
Total market cap/3QGDP2014 2nd estimate = 1.419
The ratio is effectively unchanged since the first estimate of third quarter GDP, falling from 1.421 to 1.419.
$24.9126 trillion market cap on 9/30/14 divided by $17.5552 trillion current dollar GDP = 1.419.
The ratio soared to 1.715 at the end of 1999, was .912 at the end of 2002 and fell to .740 at the end of 2008.
The market remains very expensive.
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