Weekly Digest for 2008-10-05

I think rates are going down…….hang on. #
[Libor] Overnight USD LIBOR Makes Biggest Jump on Record (Libor-Based products are moving up.) http://tinyurl.com/475qno #
[Global Economy] Global Recession in 2009 to be Followed by Recovery in 2010, TD Report Says http://tinyurl.com/46459t #
[RE Market] Double-Digit Decline in New Home Sales Suggests Turnaround is Months Away http://tinyurl.com/3opxgl #
[Interest Rates] “Huge Wave of Panic” Hits Money Markets as T-Bill Rates Near Zero http://budurl.com/knba #
[Economic Calendar] Construction Spending Falls Flat in August http://budurl.com/gfty #