Financial history doesn't repeat itself, but it often rhymes.
You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Friday, April 18, 2008
Libor
Some of my numbers are off, I'm still working on a good libor source.
I like the LIBOR stats. As long as the spread stays above 0.25, the US should do well, no? Or are we looking at the slope instead?
ReplyDeleteLarger the spread, the more Fear there is amung bankers... That spread is a fear index internationaly between banks.
ReplyDelete.25 or lower would be good on both the 3month and overnight.
ReplyDeletebut 1% and higher is bad.
Shows a Freeze in the credit markets