The Nasdaq’s historic market cap surge is unprecedented and ‘insane’
The Nasdaq’s surge in value is breaking records, with a market cap relative to the U.S. M2 money supply that has hit a record 176%. Global markets commentator The Kobeissi Letter summed it up in three words: “This is insane.” The Nasdaq’s ‘insane’ market cap As of August 2025, the Nasdaq’s market capitalization shatters the…
