Compare indicators
Each line rebased to 100 where the shared window begins — growth from a common base, not levels.
Each series rebased to 100 at Jul 1989. equity_share_top1, fed_funds_rate · read from cache, latest-revised.
- Stock Ownership, Top 1%
Share of corporate equities and fund shares held by the top 1%.
Share of corporate equities and mutual-fund shares held by the top 1% of households (Fed DFA).
- Federal Funds Rate
The interest rate the Fed sets to steer the economy.
Effective federal funds rate, monthly average.
Each measured on its own terms — compare the lenses, not just the lines. Full lessons → Learn
…and that proves nothing. Two lines moving together is not one moving the other. Almost any pair of trending economic series correlates highly — they share the same long climb of growth, prices, and population, or it is chance. r measures co-movement over this exact window, never cause. Change the range or swap a series and watch r move. Why correlation isn’t causation →