Professor Mark J. Perry's Blog for Economics and Finance
EXHIBIT A:
The chart above shows Google's search volume index for the phrase "Great Depression" over the last 12 months. Despite a recent uptick, the overall trend since October is downward. Interestingly, notice the same overall pattern over the last year, and the downward trend since October in the CBOE Volatility Index:
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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