TED Spread= 2.17
Financial institutions are still fearful of lending to each other. The spread has been around 2 ish for a few weeks already.
Baltic Dry Index= 700
Down 95++% from mid-year high. World shipping(trade) is slumping.
1USD=Yen93.7
Trend is that Yen keeps making high againt almighty Dollar. Yen carry trade is unwinding at a furious pace.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment