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The Most Beautiful Correlation In The World Continues To Work Perfectly

Joe WeisenthalMar 2, 2013, 17:19 IST

Just a quick update on one of our favorite charts in the world: An overlay of initial jobless claims vs. the S&P 500.

If you ever want to be reassured that it's economic fundamentals that are driving the stock market rally, then look no further than this.

As jobless claims improve, stocks go up.

As claims weaken, stocks go down.

(Note that we've flipped over the claims number, the red line)