Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts

Tuesday, June 5, 2018

FAAMG Stocks Now Greater Market Capitalisation than German GDP

FAAMG stocks (Facebook, Amazon, Apple, Microsoft and Google) have a combined market capitalisation
of $3.8tn, now greater than Germany's GDP of $3.7tn. But Goldman Sachs thinks there is no bubble and
has a soothing message about techs ruling for more decades. Sources: Bloomberg.