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Tuesday, November 22, 2011
LIBOR3 London Interbank Rate 3 Month Daily Chart
The Libor 3-month rate is increasing dramatically, now approaching the levels from summer of 2010 when Chairman Bernanke announced QE2. Thus, the 0.50-0.55 range (thin black line) is a level where the global market danger increases substantially. April 2010 marked an equity top with markets tumbling into June and July. Note how the Libor made a plateau back then as compared to now where price is continuing up and up still yet. Keep an eye on this chart to measure increasing market anxiety. This information is for educational and entertainment puposes only. Do not invest based on anything you read or view here.
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