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Rajusk
Side Hero
Username: Rajusk

Post Number: 3741
Registered: 02-2008
Posted From: 66.93.90.250

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Posted on Monday, October 20, 2008 - 11:07 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Naked_basket:

I might be a bit optimistic though as of now




NB,

The Holiday season would determine where we are heading.

As everyone knows,Consumer spending accounts for 2/3rd of GDP..let us see how things unfold..
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Naked_basket
Junior Artist
Username: Naked_basket

Post Number: 218
Registered: 09-2008
Posted From: 199.171.86.140

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Posted on Monday, October 20, 2008 - 10:47 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

2 Year swap spread now at 110 bps, down 13 bps from Friday and down from 159 bps one week ago. Average for the year is 93 bps.

This is an early sign that banks may be loosening up their constraints around extending credit.

I might be a bit optimistic though as of now

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