A Quick Reminder That The Market Is Working Perfectly

Just a quick update on one of our favourite charts.

The inverse of Initial claims (this time adjusted for population growth) vs. the S&P 500.

Perfect.

chart

Photo: FRED

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.