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RE: Without Direct Bond Market Intervention, (More Rigging), Stocks Are In Trouble. By Gregory Mannarino

in #money • 7 years ago

Hey Greg, thanks for the update.

We should also pay attention to what is happening with Libor rates. I just looked at the 1 month rate and it is pushing 2.4%. This year has seen steady month on month increases in Libor rates.
The scale of corporate/bank debt is so huge that this steady increase in Libor rates is going to become a problem.
How will the Fed deal with this?

7 years ago in #money by
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