Apple Now Worth More Than Germany's Entire DAX Stock Index

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There are four companies in the trillion dollar market capitalization club: Saudi Aramco, Apple, Microsoft and Alphabet. Here's hoping others join the club.

Give one reason why companies being in the trillion dollar club has any benefits to any individual outside the shareholders of the said companies.

 

[[AUT] Thomas]

And their employees. US companies are rich, and so are US employees. The median household income in the US is just over $63k right now. UK, France and Germany are around the $40k mark. Japan is around $30k.

Household income alone is a rather useless figure. In Switzerland the househould income is significantly higher than in Austria. So are the costs. Yet, there's little to no difference in life standards ("quality of life") because it's already that high. And when it comes to that, that's where you're probably better off with 40k in Germany than 60k in the US.

 

[ErikGrim]

Let's just hope they don't invade Poland.

 

[Peza19]

As the latest news says, Germany has avoided a recession. A looming recession, or a recession that has been avoided, means the country is not (yet, anyway) in a slump.

The graph I posted was not 5 years out of date, the labels are placed to the right of the divisions. The 10 year graph is easier to read. The DAX is just coming off an all-time high. It was almost at these levels 2 years ago.

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Thank you for an updated graph, and yes they did say it avoided a recession, but it’s manufacturing sector is in a slump and that’s a big part of their economy like car manufactures etc. They certainly aren’t singing their praises currently.