The SET Index’s Market Cap Turns Below Nominal GDP: A Sign of Stock Accumulation

The SET Index’s Market Cap Turns Below Nominal GDP: A Sign of Stock Accumulation

2. The SET’s market cap turns below nominal GDP, which may be a sign of stock accumulation. Since the Nominal GDP value is usually higher than the SET Index’s Market Cap, and when the SET’s Market Cap turns lower than the Nominal GDP, the stock will always increase. While the latest nominal GDP value is … Read more