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I’ll post a graph of the great decoupling of the U.S. stock market and industrial production. This is because S&P Dow Jones data is being removed from FRED in a month. Oh, how I despise intellectual monopoly. FRED has been getting ever worse for the past ten days with its new interface, which removes date restrictions and can’t even generate images properly. But, then, once in a while, you get what you pay for.