Diary of a Financier

Can You Find the Great Moderation?

In Idiosyncrasy on Wed 20 Apr 2011 at 18:17

Just a quick favor to ask: can someone please look at the chart below and point out to me where the Great Moderation is manifest?

DJIA Annual percent returns

I see a lot of big swings in there.  So unless “Moderation” means “more volatility just more skewed to the upside,” let’s try to avoid the disinflationary economic churn this time around.

–Romeo

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