Asian stocks closed a bit higher, Euro stocks are flat, US futures are down. The LIBOR dropped to something freaking high instead of completely ridiculous, dropping 300+ basis points to 3.79% That is a good sign...but it was at 2.60% or so last week. TED spreads went up a bit too...not a good sign.
A new month, a new fiscal quarter, the Senate vote on UberBailout Mark II tonight and the House tomorrow...along with the VP debate in about 36 hours or so.
Things move fast these days.
Wednesday, October 1, 2008
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