One more illustration from my previous data points ??
Pls check the illustration in a landscape mode…
Calendar year data…
_There is NO established co-relation between the Equity Indices performance (short run) and the GDP figures_
The Green lines represent when GDP and BSE Sensex ended up in the _*same direction*_ (up or down)
The Red lines represent when GDP and BSE Sensex ended up in the _*opposite directions*_(up & down)
I’ve taken an equal # of such instances just to cull out any anomaly.
The degree of variation between GDP growth and Sensex performance also can be seen
There is just *NO TREND* that can be derived
The lines in both the graphs *DO NOT* move in a similar trend ??♂