OTHER POSITIVE SIGNS INCLUDE DECLINE IN LIBOR, NARROWING OF TED SPREAD
Source: Data provided by Cain Brothers & Co.
Disclaimer: The data is believed to be accurate but is not guaranteed. Wolf Marketing & Media LLC, publisher of Healthcare Real Estate Insights™,
is not responsible for its accuracy.
October has lived up to its reputation as a difficult month for capital markets.
In fact, eight of the 10 largest single-day percentage declines in the history of the Dow Jones Industrials have occurred during September or October.
So far, 2008 has clearly continued this legacy with five of the largest single-day declines in just the past two months.
The volatility of today’s capital markets has achieved unprecedented levels and prompted unprecedented intervention from governments and central banks.
Notable events since last month’s Capital Markets Snapshot include:
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