The term Wall Street technically describes the location where most of the hot-shot American bankers and stockbrokers have their offices. But it is also used as slang to describe the US share market, which is huge. No, in fact it’s huger than huge; it’s vast. The American stock market makes up about 55 per cent, by value, of the world’s stock markets and is unquestionably the largest in the world. It’s valued at about 12 trillion dollars. The Japanese and UK stock markets follow behind, each about a fifth of its size. So it’s no wonder that the US market is what obsesses most financiers across the globe.
