Ugly Thursday Morning
Stock futures way down, most commodities getting pummeled (aside from corn and grains)…
And I just finished re-reading The Big Short last night, so I am all kinds of chipper today. If you haven’t read that book you really really need to.
I will read that someday. Right now I’m short on time, bigtime.
Does the Libor fracas have anything to do with this? If so, we’re in for a much rougher ride.
Not yet, Gary, but that’s looming on the horizon. The outright fraud involved amongst, it seems, all the banks should have serious repercussions.