( HINT: Click-and-drag left-to-right on the top chart (S&P 500) to zoom in to a specific date range. Double-click on S&P 500 chart to zoom back out. )
This chart shows the TED Spread (difference between LIBOR (London Interbank Offered Rate) and 3 Month Treasury), in relation to the S&P 500. The LIBOR is Europe's equivalent to the United States' Federal Funds Rate. A rising TED spread is a bearish indicator, as it is evidence that liquidity is being withdrawn from the financial markets.
= recessions
This chart shows the TED Spread (difference between LIBOR (London Interbank Offered Rate) and 3 Month Treasury), in relation to the S&P 500. The LIBOR is Europe's equivalent to the United States' Federal Funds Rate. A rising TED spread is a bearish indicator, as it is evidence that liquidity is being withdrawn from the financial markets.
= recessions
