LIBOR Shows Worst Is Yet to Come for Credit Markets [View article]
Useful article indeed on important indicators ie TED spread and LIBOR. We must keep track of this these as part of our navigation tools in the stock market. Agree with conclusion of article that credit markets are under stress which means negative impact on equities.
Bulls say bottom has been reached at 10,480 or else is near. Bears are talking of sub10k Dow maybe 8k. Charts seems to suggest a bear market in progress as are other indicators like the TED spread pointed out in the above article. With most portfolios bleeding, it is better to be safe and be prepared for the worst.
LIBOR Shows Worst Is Yet to Come for Credit Markets [View article]
Does the TED Spread Really Matter? [View article]
Bear Market? Numbers Don't Add Up [View article]