GDP vs The Financial Markets

The association between economic performance (GDP) and the financial markets (modeled here as XLK) is undeniable.

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Note: GDP as a Seasonally Adjusted Annualized Rate (SAAR) and XLK as an annual percentage change. XLK is the SPDR Technology Sector Selet ETF.

Chart: Jake SchneiderSource: BEA, FRED, USGS, NASA, Yahoo! Finance, Atlas AnalyticsGet the dataCreated with Datawrapper