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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KyrosL who wrote (143929)9/2/2008 9:35:24 AM
From: ChanceIsRead Replies (1) of 306849
 
I have never done much with munis. I should be tracking them these days because I think they are an excellent indicator of the state of the credit markets. I have been relying mostly on the TED spread for that - and it isn't especially sanguine. Dr. Doom Roubini has been casting his Casandraesque prognostications against the munis. I don't go against him right now, quite the opposite in fact.
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