http://bespokeinvest.typepad.com/bespoke/2008/10/overnight-libor.html
Libor is going back to normal, signally the financial part of the crisis is about to end.
However, i look at the crisis from 2 parts, the other part is the economical, and that looks to have just started, jumpstarted by the financial part. And that's the tricky part.
Nevertheless, the thawing of financial crisis is a positive one.
Hee Teck
Saturday, October 18, 2008
Overnight Libor Starting to Look Like Overnight Libor Again
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