Here in the Nashville area the newspapers reported there was going to be a gas shortage, even though their really wasn't.....everybody just recently freaked out and created the gas shortage anyways. Glad I follow the markets/news on crude...I filled up thursday night before the panic for $1.89/gallon LOL.
Hello- While going through the past pages of this thread I noted your post of August 3, 2014 to which you had helpfully attached a sheet showing Mav's monthly levels. Unfortunately, it does no longer appear on the website. Could you please post it again? Thank You.
https://fred.stlouisfed.org/series/TEDRATE Dollar shortage due to demand, credit risk /stress, DB (Lehman type) risk are a few possible factors. Do the Mavs and Martins want to weigh in? The bottom and slow grind up does coincide exactly with June 2013 , the start of taper talk and a shift in stated bias of US monetary policy.
So what are we thinking with the FOMC today? Seems like institutions are positioned for no rate hike.