Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Could plot both series on the same log chart?

Anyway, looking at that S&P series I can't help but marvel at the succession of bubbles from 1950 to 1975, and I am reminded of my

Big bubbles have little bubbles
which feed on their liquidity
and little bubbles have lesser bubbles
and so on to volatility.
And the greater bubbles have themselves
even greater bubbles to ride on;
while these again have greater still
and greater still, 'till meltdown.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Fri Aug 21st, 2009 at 02:12:28 AM EST
[ Parent ]

Others have rated this comment as follows:


Top Diaries

Occasional Series