140 days ago • Posted by Charles-Henry Monchau

The equity market has never been this disconnected from the economy

Do you feel that the equity market is disconnected from the economy? Well, you are damn right...The 10-year correlation between the S&P 500 and the US Real GDP YoY has turned negative for the first time ever. Interrestingly, we have been once close to this in the mid '90s - source: Cornerstone Macro LLC

#Stocks
10-year correlation between the S&P 500 and the US Real GDP YoY
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