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