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Summer Breeze, Autumn Chop


This August was the calmest in years for U.S. stocks, but don’t expect the serenity to last; analysts traditionally chill their earnings estimates at summer’s end, which pushes up volatility.

Graphic by Bloomberg Businessweek; Data: Barclays
Wilson is Chart of the Day columnist for Bloomberg News in New York.
Wang is a reporter for Bloomberg News in New York.

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