USS Monitor wrote:Ethel mermania wrote:
The total market capital of wall sheet is
The total market capitalization of the U.S. stock market is $50,808,508.7 million (12/31/2020). The market value is the total market cap of all U.S. based public companies listed in New York Stock Exchange, Nasdaq Stock Market or OTCQX U.S. Market (read more about OTC markets from here.
I dont think the 2.1 billion at play in GME is going to have more than a ripple effect on the markets
Thank you for injecting some sanity into this thread.
If I'm reading it right, that's 50 trillion. If Melvin and some of the other stupid shorters get bankrupt, it should not pull down the whole system.









