My wife recently completed a transaction on eBay where she was none to happy with the seller. While no fraud occurred the seller was, shall we say, not polite. I won’t recount the sordid details, but suffice to say that the transaction was an extremely unpleasant experience for her. But then, as part of concluding [...]
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How to read the TED Spread: A higher spread indicates less faith in the strength of the banks. Typical spread is between 10 and 40 basis points. On September 17, 2008, the TED spread exceeded 300 bps. (Wikipedia)
How to read the Baltic Dry Index: Tracks the price of shipping worldwide. Increasing prices mean there is more worldwide activity. (Wikipedia)Polls
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