According to The Kobeissi Letter, the Nasdaq's market cap to US GDP ratio reached a historic 103% in 2024, marking a significant increase of approximately 40 percentage points since the October 2022 low. This surpasses the previous high set in 2021 and highlights the Nasdaq's continued growth, which could influence trading strategies in tech-heavy portfolios.

According to The Kobeissi Letter, technology stocks' enterprise value has reached a record 62.5% of US GDP, highlighting a significant market concentration. This is particularly noteworthy as the ongoing trade war heavily targets these tech companies, potentially leading to increased volatility in the market. Retail traders should prepare for substantial market swings as developments unfold in 2025.

According to The Kobeissi Letter, technology stocks' enterprise value now equals a record 62.5% of US GDP. This valuation comes amid a trade war highly focused on these technology names, leading to expectations of larger market swings. Retail traders should prepare for significant volatility in 2025, as the market dynamics evolve.