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Credit Crisis Watch: Gaining Positive Traction?

It seems measures of volumes are missing for the different capital and money markets monitored here. If the rates come lower but the flows do not increase that is not much good for a recovery. And this is what is happening right now with banks hoarding TARP equity money to cover for potentially worthless assets still on their books. The political diversion and disputes about the use of TARP funds and about the use of the coming stimulus package add to the uncertainties and cannot but weigh ever more negatively on the stock markets.