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October 13, 2008

TED spread widening

OK, the stock market rocketed today, but the TED spread is up to 4.57 (market closed today) from 3.91 when I posted about it five days ago. up 20% more. This is our real problem. Until that TED spread comes down, we are not heading out of the woods.

Posted by Martin at October 13, 2008 7:24 PM

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