Watch the Ted Spread

Keep track of the Ted Spread. Why? Because it will determine the cost of capital in the 2008.

If you have the time, watch this video on YouTube of Paul Krugman giving a talk to Google employees on December 14, 2007. He talks about the deflating real estate bubble, the chance of recession in 2008, the continung decline of the US dollar, etc. A realistic presentation and worth the 71 minutes.

Tough times ahead? Perhaps. However, tough times can provide real opportunity…