NASDAQ Composite and M1 Money Supply Correlation (2015-2025)
We have written over the past few years about how the money supply drives prices for goods, services and assets. We ran an analysis on the correlation between the money supply as measured by M1 and the NASDAQ Composite over the past decade.
The Correlation Coefficient is: 0.8853 - highly correlated.
Try the interactive chart by scanning the QR code.
