Even scarier than the nastily named VIX, the Ted is a measure of credit risk. The higher the number, the more screwed the economy is, and it's on the rise.
Forget following the plunging Dow Index -- it's the Ted Spread that really matters.
Even scarier than the nastily named VIX, the Ted is a measure of credit risk. The higher the number, the more screwed the economy is, and it's on the rise.