How did you arrive on the weighting for each index?
SaltyTeemo
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@BlkGold, I found the total market cap of each index(most up to date information I could find on google) then added it all up and assigned a percentage of the summation of total marketcaps to each index.
This will have some error because the total marketcap will have shifted over time and the ratios between each index will have changed but it is more accurate then my previous chart.
I am also making the assumption that all indexes are subject to a similar influence of m2 and m2v from their local central banks. Seeing as we are a global economy.
This means that I can simplify the chart/formula without having all the data available.