That 2023 line does not look ideal…

Source: The Economist

Each point represents a five day moving average. The x-axis is in terms of historical standard deviations, i.e each day is compared to the standard deviation of historical values for that year. So we are at -6 SD from the historical average for this point in time.

Other excellent visualizations are in the article!

  • coys25@lemmy.worldOP
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    1 year ago

    They are standard deviations, which is described in the footnote. But yeah, probably better to label that axis.