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The moment of good feeling in the money markets which I referenced on Friday has evaporated. My money market source says that the headline news from Europe has overwhelmed the markets and fear is once again ascendant.In addition to the widely disseminated headlines there are other stories ...
"Are Central Banks Making Libor WORSE?"
"Are Central Banks Making Libor WORSE?"
nakedcapitalism.com — Equity analyst and market commentator James Bianco of Arbor Research e-maileda a discussion of the breakdown of... interbank lending to us along with a few others, His note illustrates a point made by FT Alphaville a couple of weeks ago that we have ... (more) "Are Central Banks Making Libor WORSE?"
The Money Meltdown
themoneymeltdown.com — Everything you need to know about the global money crisis of 2007-?.... (more) The Money Meltdown
Money Market Redux
acrossthecurve.com — The money markets have frozen solid again. My favorite correspondent on that market reports that participants are... following the advice of Polonius and are refraining from borrowing or lending. The Federal Reserve announcement earlier today of a ... (more) Money Market Redux
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clouds return
Decline and Fall of Western Civilizationjohn jansen: The moment of good feeling in the money markets which I referenced on Friday has evaporated. My money market source says that the headline news from Europe has overwhelmed the markets and fear is once again ascendant.In addition to the widely disseminated headlines there are other stories percolating below the surface which have also contributed to the dire glum mood. assume crash positions?

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