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Thursday, January 15, 2009

My First Video BLOG! This is the first good piece of news I have come across!

From Greg Mankiw's Blog: At right is the TED spread. It is a measure of risk in the financial markets, the difference between interbank loans and T-bills and is now below 1%. This news could not be more pleasant!

I'm still not totally convinced, but this is serious reason for optimism.

And then there is this piece on how uncertainty is falling.

I also read yesterday the commercial paper market is starting to unfreeze. This is great news.

1 comment:

econonerd said...

Krugman is still talking liquidity trap