98.4% Correlation With The S&P 500 (quit reading charts and just watch this?!)

by | Jul 26, 2023

About 2½ weeks ago, Jeffry posted an eye-popping chart in his Discord channel:

 

 

In short, when global central banks print money, the S&P goes up.

And when they tighten their belts, it goes down.

So now the only question is why are we all sitting here going cross-eyed looking at charts all day when we could just follow the money and trade accordingly?

Well, believe it or not, for some of us this is fun. (yes, we know we need help)

But secondly, this is obviously a big picture view.

If you want to know where NVDA is headed next week, it’s not going to help you much…

Still, it’s worth looking for a long term perspective on where markets could be headed.

Jeffry actually mentioned this chart on this past Friday’s episode of Ask The Pros.

Tune in at around 18 minutes 30 seconds to hear Garrett Baldwin talking about liquidity expansion continuing into 2026, when Jeffry chimes in with details about this chart.

Garrett makes some great points, so consider listening to the whole episode. It was chock full of great info.

 

Enjoy and trade safe!

— The Prosperity Pub Team

P.S. Jeffry also covered this on his Morning Monster episode from July 10th. Starting around the 2:00 minute mark.

What to read next