Capitalytics

**Regression for Dow Total Stock Market Index**

	Dependent variable (+/- SE):

	Dow Total Stock Market Index

Constant	194,291.000 (+/- 12,890.830)
	p = 0.000^***
US Fed Reserve O-N Loan Rate	-13,633.570 (+/- 1,396.743)
	p = 0.000^***
BBB corporate yield	-3,844.699 (+/- 768.229)
	p = 0.00004^***
Prime Rate	10,621.550 (+/- 1,486.380)
	p = 0.00000^***
US Avg Retail Gasoline Price ($-gal; all grades, all formulations)	4,248.976 (+/- 1,026.668)
	p = 0.0004^***
30-year Treasury Yield	-184,558.600 (+/- 12,813.680)
	p = 0.000^***
LN_20-year Treasury Yield	158,346.800 (+/- 16,861.240)
	p = 0.000^***
LN_7-year Treasury Yield	53,479.390 (+/- 16,327.240)
	p = 0.003^***
LN_5-year Treasury Yield	-35,564.580 (+/- 8,758.942)
	p = 0.0004^***
LN_1-year Treasury Yield	2,667.250 (+/- 859.912)
	p = 0.005^***
1-year Treasury Yield_2	2,510.564 (+/- 300.018)
	p = 0.000^***
20-year Treasury Yield_2	-14,042.810 (+/- 1,387.866)
	p = 0.000^***
30-year Treasury Yield_2	31,016.400 (+/- 2,711.048)
	p = 0.000^***

Observations	40
R²	0.988
Adjusted R²	0.982
Residual Std. Error	1,190.606 (df = 27)
F Statistic	179.784^*** (df = 12; 27)

Note:	^p<0.1; ^p<0.05; ^**p<0.01