p. C12.
"How bad is it out there. One index suggests spillover from Europe's sovereign crisis has pushed U.S. financial conditions to their worst since the Lehman Brothers aftermath. In the 2nd quarter, the U.S. Monetary Policy Forum's Financial Conditions Index fell to minus1.82, its lowest since the 4th quarter of 2008, says Deutsche Bank. The index tracks 45 variables, including credit and yield spreads, stock-market data, banks' desire to lend and consumer perceptions."
Subscribe to:
Post Comments (Atom)
-
German Chancellor Angela Merkel has repeatedly warned that there is no clear end in sight for Covid-19 until a vaccine is developed: Chamber...
-
I had the good fortune of meeting Dr. Kate Brown some years back at a conference. She is an amazing person and formidable intellect. Her l...
-
On November 2, 2012 The Wall Street Journal reported that "Few Big FEMA Generators Humming: Federal Officials' Tally of Emergency...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.