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This Warning Indicator Has Only Been Here 3 Other Times
Though calm was restored after a wild few days in global financial markets, key market signals remained steadfastly negative. One of the most crucial of those even dropped to a level we've only seen three other times in more than 35 years - all three some of the worst cases. Moreover, that one was corroborated by a record low for swaps also set this week.
Eurodollar University's Money & Macro Analysis
CNN Money Fed explains the big rate cut
https://money.cnn.com/2007/10/09/news/economy/fed_minutes_analysis/index.htm?postversion=2007100914
The New York Times Dow Breaks 3,000 but Ends at…
The skinny
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