It is a simple question, “What’s normal?” What is regular, typical, average? Since the Great Recession, some have suggested we are in a time of the “new normal”. Amidst uncertainty and change, we look for a sense of normal to anchor ourselves and our expectations. While we are admonished that past results do not guarantee future outcomes, we apply statistical measures to history for a sense of what may lie ahead. Ancient mathematicians even gave us the “normal distribution” with its “bell-shaped” curve to quantify and visualize normal. A look at concepts of normal versus actual for some economic and market measures can provide investment implications.