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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (84620)9/5/2008 6:51:28 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 116555
 
Mish, I don't think that's true. Credit risk has increased significantly, for ARMS in particular. This is on top of the increased credit risk in the system in general vis a vis LIBOR.

Hence, the intended effect of the rate cuts has been muted.