Archive for the 'TED Spread' Category

Five Arguments for Economic Rebound

By: Myles, October 23rd, 2008

Despite the latest plunge in the markets (and the plunges have been historic), Jim Wiandt of Seeking Apha argues that the market feels like it just may be finding its sea legs again.
We are certainly not out of the woods yet, he states, and all signs point to a protracted economic slump. BUT, according […]

Tags:

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 […]

No Tags