Monday, February 13, 2012

Wilshire 5000 Total Market Cap Index

While the S&P 500 is still about 13% below its all time high, the total market cap of the 5000 companies which make up the Wilshire 5000 is approaching a new record high.  The difference is most likely a function of dilution, particularly in the financial sector, which issued billions of dollars in new equity during the financial crisis.

Importantly this implies that the aggregate nominal wealth of society held in US equities is near an all time high.

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at