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Nice chart, although it would be really important to see references to the data sources and more notes on methodology (at the very least, they should have inclu
by xixi77 11y ago
Nice chart, although it would be really important to see references to the data sources and more notes on methodology (at the very least, they should have included dates on which the valuations were measured! Also, how exactly do we define "debt" and how is it computed/where is it referenced from?)
Also, the "Rest of the World" stock market capitalization is much larger than I would have expected, since it seems to exclude the largest exchanges (US+Europe+China+Japan). It would be nice to see a more detailed breakdown of that; perhaps I should do one :)
I would guess India+Brazil should be pretty large combined, and there are probably companies with tiny & illiquid float trading on obscure exchanges, but large capitalizations.
And yes, as another commenter noted, using the notional for derivatives valuation is really quite misleading -- I guess this is the easiest number to compute, and is probably the one supporting the point they are trying to make, but there should at least be more of a note telling people about it.
Still, nice work! It's good to see things in perspective.