In March 2021, the total market cap of the US stock market was nearing $49,108 million, accounting for at least 56% of world stocks. The US is home to some of the world’s most colossal, dynamic and overwhelmingly wealthy companies, with Apple, Microsoft, Amazon, and Alphabet Inc. (Google’s ‘parent’) having nearly a $4 trillion valuation among them. Apple Inc. alone has a record-smashing market cap that exceeds $2 trillion, which is more than the total value of stocks on most exchanges, and, yes, more than the entire GDP of Australia, one of the richest countries in the world.

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