DISQUS

Christopher S. Penn's Awaken Your Superhero: What’s all the stuff in the early morning tweet about?

  • Whitney · 10 months ago
    OK, so what is today's 30 yr rate? Missing that one.
  • justinlevy · 10 months ago
    I really enjoy your morning tweet(s) about the economy because the numbers you report are something I've never taken the time to get acquainted with. It's great that I'm able to scan Twitter every morning, find your tweet (or 2) and be caught up in a few seconds. :)
  • everysandwich · 10 months ago
    I stumbled on your blog through twitter recommendations, and I'm delighted to find such usefulness in plain English on my first trip here. Personally, I put a lot of weight into the BDI since globalization increasingly seems to mean collective sink-or-swim, as well as for currently tragic personal investment reasons. I must admit I'm ignorant on how to read a few of these indicators. What would you consider a big TED? Wow that almost sounds like a set-up line for a joke.
  • Christopher S. Penn · 10 months ago
    I'd consider a large spread to be 2% or more. Traditionally, the TED spread was fairly close to zero; at one point last year it was nearly 5%, when the banking system was just in total chaos. Now it's only in mild chaos.
  • everysandwich · 10 months ago
    Thanks for the explanation. I never imagined mild chaos would seem like a relief.
  • swbuehler · 9 months ago
    I like to also look at the current treasury rate. It's a good indicator of how confident investors are about the markets. The lower the rate the less confident they are and the more interest they have in the "safety" of government bonds. Remember when the rate went negative?
  • Terri Orlowski · 6 months ago
    This is great info, and broken out nicely for someone like me that doesn't really know the financial world too well. I imagine I'll be making some return trips here until I remember what's what when I'm reading the morning post. Thanks!
  • alisoncreamer · 3 weeks ago
    Wow not sure even If I read that like 100 times I would understand. ! Good thing you do what you do and I do what I do !!! I think I need to understand it as Im a Real Estate agent . Thanks