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BREAKING: Global stock markets reached a record $148 TRILLION in market cap in October.
This marks a +19.3% YoY increase, well above the historical average.
Since the 2020 low, world stock markets have added +$75 trillion in market cap, or +97%.
Over the last 20 years, global market cap has grown at a +7.3% compound annual growth rate, more than QUADRUPLING from ~$35 trillion in 2005.
The recent tech boom has driven the steepest acceleration, with markets adding +$40 trillion in value over the last 2 years.
We are witnessing one of the greatest global rallies in history.

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