We have a big problem......

The  6-month Libor (London Inter-bank Rate) is soaring (see above chart - click on the chart to enlarge it). 

This short-term interest rate is rising sharply because there are some major market distortions. This is not what you see when the financial markets have no problems.

Investment implications are discussed in depth in each issue of The Peter Dag Portfolio.

You will encourage my timely update of this blog on the economy and financial markets by entering a subscription to The Peter Dag Portfolio

Thank you for visiting this site.

George Dagnino, PhD
Since 1977 
Author, Profiting in Bull and Bear Markets

Disclaimer. The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

1 comment:

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