Archive for the 'LIBOR' Category

LIBOR & TED Spread: Who Cares? You will …

By: Myles, October 3rd, 2008

The credit crunch is — in deed —  getting worse:

LIBOR jumped again,
TED spread is at a new record.
Bad news on employment: payrolls down 159,000, average work week down, official unemployment rate flat at 6.1 percent but broad measure (U6) up from 10.7 to 11.

To understand the full impact of the credit crisis, read this article […]

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