September 09, 2010

China Stock Market Cap Tops USA by 2030

According to a new report by Goldman Sachs (via the Financial Times) emerging markets stock market capitalization will reach $80 trillion (US dollars) by 2030 from around $14 trillion today with China the world's largest stock market cap by a wide margin....

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HaHa wishful thnking on Golmans part. just think of all the hunreds of millions of fees for all those bad listings and the fools that will chase them. Maybe by then the chinese will let foreignors buy the stocks too. So thats wjhere the money comes!
golums scrotum is no joke. they are an authority on financial markets.
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