Thursday, January 07, 2010

Bull Market Rally in Mexico Sets Record Highs


Mexico's IPC Stock Market Index keeps soaring to new record highs, and the IPC has doubled since early 2008 (see chart above).

Updated: Top chart is using log scale.

3 Comments:

At 1/07/2010 11:33 PM, Anonymous Commo said...

I would really love to see where you have all your money invested.

 
At 1/08/2010 2:32 PM, Blogger Michael said...

I love your blog better than any other. I admire your ability to find interesting stuff and present it simply, numerically, and graphically at lightning speed.

SO of course what prompts this comment is the thing I keep tripping over. Why do you not use logarithmic y-axes when you are showing data that rises orders of magnitude over the time shown?

 
At 1/08/2010 2:52 PM, Blogger Mark J. Perry said...

Michael:

I added a new chart using log scales. I have no problem using logs for my charts, I just wonder if some people will be confused, since most charts are not logged (WSJ, etc.)? But I will take your suggestion and start to use some logged charts.

Would you be able to suggest an explanation to a general audience about the advantages of using logs for charts?

Thanks.

 

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