Monday, December 12, 2011
S&P 500 Correlation with the Monetary Base
Below is a different visual representation of the previous post. It shows the change in the S&P 500 against the change in the monetary base over the last 3 years. The correlation of the of the two has been uncanny. Periods of rally and consolidation on the S&P 500 have coincided closely with periods of QE on and QE off.
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