Discount Rate & Stock Market: Any Connection?

If you think that the Federal Reserve Board's lowering of the discount rate by 50 basis points last week has any effect on the stock market or if the discount rate has ever had any effect, check out this chart [graph] which shows the Dow Jones Industrial Average versus the Discount Rate.


Here are a few other interesting charts:

Inflation Numbers

Stocks versus Steaks

Gas at the Pump

Number of U.S Farms

By Fred Fuld at Stockerblog.com