earnings per share, TED spread
,###Logit mode###VSTOXX index in order to
Specifically, for credit conditions, we use the EBP, the TED spread
, and the survey-based measure of bank lending conditions.
The handicapper hasn't been kind to him and he's worse off with Ted Spread
, who beat him last time.
But Cheltenham punters will not have missed the fact that Ted Spread
was the third Paul Nicholls-trained favourite to fail.
consolidated upon a solid hurdling bow at Ascot in November when sent over this course and distance at the end of December.
The Mark Johnston-trained Corsica predictably set a generous gallop in his role as pacemaker to Rewilding, with Ted Spread
and Total Command second and third a mile from home.
6-4 Rewilding, 6-1 Arctic Cosmos, Midas Touch and Snow Fairy, 7-1 Dandino, 8-1 Joshua Tree, 16-1 Ted Spread
, 33-1 Theology and Total Command, 50-1 Corsica.
Chart I shows the TED spread
which is the difference between 3 month London Interbank Borrowing Rate (LIBOR) and the 3 month Treasury Bill rate from January 2007 through August 2008.
DARRYLL Holland will return to action at Epsom on Thursday and is already thinking about a possible Classic challenge with Ted Spread
Derby odds:13-8 Jan Vermeer (from 7-4), 11-2 Workforce (from 6), 6-1 Midas Touch (from 7), Bullet Train (from 8), 9-1 Rewilding, 12-1 Azmeel, Cape Blanco, 20-1 Coordinated Cut, 25-1 Al Zir, 40-1 Ted Spread
, 66-1 Buzzword, Hot Prospect 150-1 At First Sight, 200-1 Bright Horizon (odds from William Hill).
In arithmetic terms the TED spread
is the difference between the (positive) interest rate on overnight, inter-bank loans and the (negative) interest or discount rate on short-term, 3-month U.
The TED spread
is the difference between interest rates on three-month Treasury bills, considered risk-free, and three-month dollar Libor, a widely used index for lending between banks and for business and mortgage loans.