Market-cap-to-GDP ratio lowest in 10 years: time to buy or turn cautious?

The market cap-to-GDP ratio has declined swiftly – from 79 percent as at FY19 to 56 percent (FY20 GDP) – much below the long-term average of 75 percent and closer to levels last seen during FY09.

from Moneycontrol Market Outlook https://ift.tt/3fTB74r