As a sign that at least some sectors of the global economy have recovered from the financial crisis of 2007-08, the combined value of the world’s major stock markets hit at an all-time high in December 2013. We wonder: What percentage of world stock market capitalization does the United States account for?
It is a well-known fact that the United States dominates global defense spending, accounting for 43% of the world total (as of 2010). But could it be true that the country accounts for a similar share of the value of the global stock market?
Even before the Goldman Sachs scandal broke, much attention was given to the bonuses paid out to investment bankers — the people whose money-spinning activities were at the center of the global crisis. We wonder: How much did the average vice president — a mid-level executive at an investment bank — make in total compensation in 2009?
Following the U.S. sub-prime crisis, stock markets around the globe are feeling the aftershocks. While the world had gotten used to financial market crises being spawned by emerging market countries, the shoe now seems to be on the other foot — that of the industrialized countries, and specifically that of the United States. We wonder: By how much has the capitalization of global stock markets declined over the first three months of 2008 alone?