[The total market capitalization of global stock markets rises to 137% of global GDP, nearing historical highs] BlockBeats news, on July 26, The Kobeissi Letter published an article stating that the total market capitalization of global stock markets has risen to 137% of global GDP, nearing historical highs. Since April 2025, this ratio has cumulatively increased by 40 percentage points, reaching levels comparable to the peak during the 2021 Meme stock frenzy. In contrast, before the 2008 financial crisis, the peak ratio of global stock market capitalization to GDP was approximately 120%. This month, the total market capitalization of global stock markets has risen to a record $166 trillion. Among them, the U.S. stock market's total market capitalization is approximately $77 trillion, accounting for about 46% of the global total. AI is driving historic growth in the stock market. [Original link]