
Amid the turmoil and uncertainties in recent months, U.S. equity markets have reached a staggering new milestone, with market capitalization hitting $63.8 trillion.
What Happened: On Monday, in a post on X, The Kobeissi Letter shared recent data from Goldman Sachs Group Inc. (NYSE:GS) showcasing the remarkable surge in valuations in the U.S. equity markets over the past five years.