Friday, August 26, 2011

Black Swans are More Common

In these crazy market conditions traders often consider how rare events like those in the past few weeks are.  There has been a ton of stuff published about how unique the current gyrations and extremes have been, and many by some of my favorite writers and bloggers.

I thought it was interesting to note, however, the data gleaned by Bloomberg indicating that these rare events are becoming not so rare. This chart tells the story:

rare_events

Good Trading…

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