Hi guys,what r your thoughts on the 2008 scenario for the financial markets? Particularly, where do the LIBOR, Treasury rates, Prime, ... go? What are the possible extreme moves we can encounter in 2008?Regards,Villi
The market appears to be discounting atleast 75 basis points of additional easing by Fall-2008. The easings will happen because of continued economic weakness and "accomodation" of people who have adjustable rate mortgages that are indexed to short-term interest rates. We'll see.
The market appears to be discounting atleast 75 basis points of additional easing by Fall-2008. The easings will happen because of continued economic weakness and "accomodation" of people who have adjustable rate mortgages that are indexed to short-term interest rates. We'll see.
The market appears to be discounting atleast 75 basis points of additional easing by Fall-2008. The easings will happen because of continued economic weakness and "accomodation" of people who have adjustable rate mortgages that are indexed to short-term interest rates. We'll see.