Review of the Ted Spread

St. Louis Fed Pres Bullard (doesn't that sound like Bulltard ?  hmmm?) so keep stimulus in place until next March and be ready to react to news.   You know what a bulltard is?  It is a large lemming that is idiot enough to follow the herd picking up truffles as they enter a zone of forest fire. 

The bulltard has been rewarded greatly by an ever upward pushing stock market regardless of horrific fundamentals.  I wish I was dumb enough to be a bulltard :-)

Below is a chart of home prices, with reversion to at least the mean should play out

OK enough of the rant--here is some good educational materials on the TED spread.  Data from Bloomberg.