There is generally a weak relationship between equity markets (e.g., New York Stock Exchange) and economic indicators.

Name: There is generally a weak relationship between equity markets (e.g., New York Stock Exchange) and economic indicators.
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Economic indicators are associated with equity markets. When stock market indexes increase, consumer discretionary income rises and there is often an increased demand for luxury items such as jewelry and automobiles.

There Is Generally a Weak Relationship Between Equity Markets (E