The Top 50 Countries with the Largest Financial Markets in the World

The global stock market experienced a strong first quarter in 2024, with indices like the S&P 500, Dow Jones, and NASDAQ reaching new highs. However, this streak was interrupted by a recent market pullback in the US, the country with the biggest stock market in the world. The S&P 500 faced its first major pullback in 6 months, declining over 5% from its peak on March 28.

Chief Investment Strategist at iCapital, Anastasia Amoroso, discussed the current market outlook in an interview on CNBC. She highlighted that the market quickly transitioned from being overbought to oversold but is currently trading above its implied fair value. Despite the recent bearish sentiment, Amoroso emphasized the resilient growth in the equity markets, with GDP growth expected to increase by 2.5% in the fourth quarter.

Amidst the market pullback, there are potential buying opportunities for investors in undervalued stocks. Companies like Stellantis N.V., Apollo Global Management, and Coterra Energy Inc. have received positive analyst ratings and price target upgrades, indicating growth potential in the long term.

Looking at the 50 countries with the biggest financial markets in the world, countries like the United States, China, and Japan lead the list with significant market capitalization and external debt positions. These countries play a crucial role in the global financial landscape, influencing market trends and investor sentiment worldwide.