3 month treasury bond rate, TED spread

[enleve]

I've been listening to NPR's podcast Planet Money (podcast feed), hosted by the same people who made the documentary The Giant Pool of MoneyToday, they had a guest who said that when monitoring the financial crisis, it is more important to look at what's happening in the credit market than what's happening in the stock market. He mentioned two

Comments

Depressing

[claporte]

If you want some depressing news on what happened yesterday with all this, check out this Henry Champ Blog post:

http://www.cbc.ca/news/reportsfromabroad/champblog/2008/10/eyebrowraising_excess_at_the_t.html

I find he's very well informed about the goings on in Washington, but just doesn't post enough.

Re: Depressing

[enleve]

It seems like a lot of the high-powered people don't know what to do either. I also don't think they realize how they look to outsiders.