Well something is going right

Written on the original Movable Type site and recovered from the Internet Archive.

I have written before about the TED spread. Back in October it was approaching 5. Unfrigg’n believable. Since the election is has been on its way down. A TED Spread of 1 is normal. That means credit is moving again.

Well it is back to about 1, where it should be.

I am sleeping a bit better.