The two lines of the chart show data on an every-other-month basis from February 2017 through December 2023. One line shows investors’ expected probability of an economic disaster over the coming three years. It decreased to 5.4% in December 2023 from 5.9% in October. A second line shows investors’ expected probability of a stock market disaster over the coming three years. It decreased to 5.3% in December 2023 from 6% in October.