Los Angeles Port Traffic Rebounds / Libor falls at fastest rate since January

[Kurt_and_Hunter]

Two positive developments.

Los Angeles Port Traffic Rebounds

Inbound traffic was 6% below last March and 35% above last month.
Outbound traffic was 9.8% below March 2008, and 25% above February.


http://www.calculatedriskblog.com/2009/04/los-angeles-port-traffic-rebounds.html


Libor falls at fastest rate since January

This morning, three month dollar Libor continued a fortnight-long fall, going down one basis point to 1.122 per cent ... has fallen from 1.33 per cent a month ago.

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6091957.ece

[Median Democrat]

1. The Ted Spread Has Also Narrowed Significantly

Credit markets may not be healthy, but they are less sick.

www.bloomberg.com

/snip

Yields indicate a recovery in the debt markets, though trading hasn’t recovered to where it was before the credit crunch began in 2007. The difference between what banks and the Treasury pay to borrow money for three months, the so-called TED spread, narrowed to 96 basis points from 2008’s high of 4.64 percentage points in October. The figure was about 33 basis points two years ago.

/snip

[uponit7771]

2. NICE!!! Buyin some SSO asap