Monetary Base vs. Stock price link: https://research.stlouisfed.org/fred2/graph/?g=3big
I have watched this video where he explain this chart.
Basically he shows high correlation between Monetary Base and the Stock Market. But I cannot understand why he multiply the Wilshire for 47 and the &quot;Federal Funds Rate&quot; for 250 ?
UPDATE 2021:That correlation was true only for that time.
The multiplication factors are there so that they can be charted and be seen on the same axis as the St. Louis Adjusted Monetary Base.

The factor of 47 means that the closeness of the match between that and the Wilshire 5000 in 2000-2015 is easiest to see, by overlaying the curves in that period.