Check out the TED spread and the LIBOR-OIS spread, both still rising, after a brief hiatus. (As of writing the Bloomberg charts haven’t updated since Friday, but the data has, both up a little).
Oil higher, again. USD lower. (Sorry to state what you can all plainly see … just thinking/typing aloud … ).
Model “2” …. not indicating anything to me.
Model “1”. I can’t see too much in this either.But, on balance, a touch bearish.