Stock Market Capitalization to Gd P

At the end of last year, at the end of 20 21, a us. Stock market capitalization to g p reached about 200%. Ah, and i think, ha, that's a high water mark. This can be very tough to reach any time, because i was a combination of super low ingustrates, a, you know, pretty low commodity prices, a, and a surge of masse fiscal stimulus. I think we've probably seen the top, at least th that's kind of the base case, the mental model than i'm working with going forward.

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