Commerzbank's Dixon Sees Revenues 'Broadly Correlated to GDP'

The video explores the relationship between nominal GDP and company revenues, highlighting the challenges in measuring GDP accurately, especially with the rise of the digital economy. It discusses the economic equation y = C + I + G + NX and its partition into domestic and international components. The video also examines how companies' revenues are divided between domestic and international sources, using the Footsie index as an example, and the impact of exchange rates on these revenues.

Discuss the significance of the Footsie index in relation to the UK economy.

What does the text suggest about the correlation between broader indices and GDP?