• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

I use 3-month LIBOR is a reference rate, not only for those who need to borrow at LIBOR “plus” but as a measure for global counterparty risk.

Alongside the US Dollar (“re-flation”) and a VIX (volatility) indices breaking down, this crashing of LIBOR is amongst the most bullish macro indicators in my playbook.

Below, we have attached both the “Trade” and “Trend” lines for 3-month LIBOR. Both have been broken. Both are bullish for Equities, Commodities, Bonds, and Real Estate, in the immediate term.
KM