Global Stocks vs. Money Supply (1995-2023)

The correlation coefficient between the global stock market capitalization and the money supply from 1995 to 2023 is approximately 0.96. This indicates a very strong positive correlation, meaning that as the money supply increases, the stock market capitalization also tends to rise.

These results highlight a significant relationship between the global money supply and stock market capitalization, emphasizing how monetary conditions can influence market valuations over time.