Thursday, June 24, 2010

Deutsche Bank: U.S. Financial Conditions Just Collapsed Back To Crisis Levels

Back towards to Crisis levels. How about worse than recent crisis levels in this, The Ski Jump Virtual Recovery.

Jim


Credit conditions or liquidity are once again tightening (spreads widening) as the economy is loosing momentum from waning stimulus. Watch out. This is a precursor for trouble, which usually means more stimulus.

Commercial Paper 90 days less Treasury Bill 90 days:


Deutsche Bank has a new and improved index of U.S. financial conditions, and this index just slumped back towards the lows of our recent crisis.

Source: businessinsider.com

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