I'm interested in researching the correlation between the S&P 500, M2 Money Supply, and average wage correlation (American or globally potentially). I think there'd be some facinating data to pull from the average american salary denominated by the price of the S&P 500 (and it could even further be more useful to denominate it by the price of the S&P 500 when adjusted with the M2 money supply).
This could give another perspective on inflation, whether American buying power for the best investment opportunities is going up or down. It could also be a facinating indicator for the S&P 500 to consider if the price of the S&P is overvalued or undervalued in relation to the average American's buying power.
Are there any sites that would make this easy to do? Or any sites that already do this that I am not aware of?
[link] [comments] https://www.reddit.com/r/stocks/comments/137jnr4/sp_500_m2_money_supply_and_wage_correlation/
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