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Registered User
Joined: 3/30/2008
Posts: 77
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I see that the LIBOR dropped to 4.06. IIRC that seems to be the sharpest drop so far. I was under the impression that it would be constant movement of small increaments.
How much weight do you give this, in general how much so you read into the LIBOR and/or do you look at other rates such as the TBills?
TIA
yinzer
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Isn't the reason you are even looking at LIBOR
because you've been told its a problem?
I would say under "normal" conditions most don't
even look at LIBOR.
One could say over the past few decades there's
been too much lending going on.
Thanks
diceman
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Registered User
Joined: 3/30/2008
Posts: 77
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QUOTE (diceman)
Isn't the reason you are even looking at LIBOR
because you've been told its a problem?
I would say under "normal" conditions most don't
even look at LIBOR.
One could say over the past few decades there's
been too much lending going on.
Thanks
diceman
I'm looking at it cause I've benn told it's a problem and I'm asking here how many people think that it's relevant.
I read that shipping runs on letters of credit which aren't being issued, which I see as a problem. Some how I don't think that we are in normal conditions.
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Registered User
Joined: 2/5/2006
Posts: 1,148
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libor addresses bank lending, not a slowing economy.
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Registered User
Joined: 3/30/2008
Posts: 77
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I thought that our woes were partially due to banks not lending. And I’m looking for indicators that might be helpful for the financial sector. I’m sure that we are going to have a slow economy for many quarters.
Anyway thanks for the comments, I can see that I have gotten an answer.
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Registered User
Joined: 8/19/2006
Posts: 11
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I am still trying to feel my way around TC, does anyone kow if TC tracks the Libor or TED Spread? Thank You
Kirk
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Registered User
Joined: 9/25/2007
Posts: 1,506
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yinzer ...
If you'd like to learn more about this ... and how it relates ... it would probably benefit you to follow the Trading Diary at Collin Twiggs' site ...
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Registered User
Joined: 3/30/2008
Posts: 77
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QUOTE (realitycheck) yinzer ...
If you'd like to learn more about this ... and how it relates ... it would probably benefit you to follow the Trading Diary at Collin Twiggs' site ...
Thank you very much RC. Looks like I've found the site. I seem to have found an incredable amount of information there.
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Registered User
Joined: 9/25/2007
Posts: 1,506
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He's a really sharp fellow ... no doubt there ...
It's amazing that someone half a world away has such a firm grasp on the situation ... when even our leadership doesn't seem to ...
If you point to the Trading Diary link on the toolbar ... you'll notice that you can go into the trading diary archives ...
If you concentrate on the ones with the "yields" suffixes ... since this mess began ... I believe that you will get the education that you are seeking ...
Good Luck ....
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