London Interbank Offer Rate
Can the LIBOR Tell Us When the Credit Crisis and Banking Problems Are Over?
Read the full article: http://www.contrarianprofits.com/articles/how-will-we-know-t...
How will we know the credit crisis and banking fiasco are truly over? We won’t. But there’s a damn good indicator that will show us the way - the London Interbank Offer Rate, usually referred to as LIBOR. And right now LIBOR tells us that this financial mess still has room to run.
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