Below is a TED spread chart since beginning of August. This spread is widening this morning partly because Goldman Sachs is admitting that they need capital, and partly because the duration on the Paulson Plan fix is being pushed out to reality (i.e. not rubber stamped this week).
CNBC has this chart flashing on their screens more regularly now. From a sentiment perspective, this is a positive sign. The consensus fear associated with a psychological bottom is finally in motion.
KM
CNBC has this chart flashing on their screens more regularly now. From a sentiment perspective, this is a positive sign. The consensus fear associated with a psychological bottom is finally in motion.
KM
