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Global Stocks Soared $1.5 Trillion This Week – Now 102% Of World GDP

zerohedge.com / by Tyler Durden / Jul 15, 2017

Thanks, it seems, to a few short words from Janet Yellen, the world’s stock markets added over $1.5 trillion to wealthy people’s net worth this week, sending global market cap to record highs.

The value of global equity markets reached a record high $76.28 trillion yesterday, up a shocking 18.6% since President Trump was elected. This is the same surge in global stocks that was seen as the market front-ran QE2 and QE3.

This was the biggest spike in global equity markets since 2016.

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