What this is Looking at from 1955 to today is the value of all public and private equities to GDP. Now the average over that time duration is 120%. Equities have averaged 120% of what our gross domestic product typically before 1995 it was always below. But as you can see, it has become totally disconnected to the real economy. So the real economy has grown by 2.9% annually since 2000. The equity markets have produced a 14.5% return. (26:06–26:18)
CLAIM
Asserts that equities have averaged 120% of GDP, whereas before 1995, they were always below this percentage.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
