Eurodollar University

I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare. You can sign up here:  https://event.webinarjam.com/register/27/l3k2rby6 Delta airlines in January said business was booming and that the company had confidence there was no end in sight Yesterday, the CEO called the first quarter a "parade of horribles" as economic "uncertainty" spoiled everything. D...

If you are in any way interested in precious metals,  you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:  http://www.monetary-metals.com/Snider/ I am also doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare, you can sign up here:  https://event.webinarjam.com/register/27/l3k2rby6 While the world is lost in the...

I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare, you can sign up here:  https://event.webinarjam.com/register/27/l3k2rby6 Stocks plunged, bond yields dropped, the R-word is now the common phrase in the media...Jay Powell says everything is just fine and dandy. Even the President is now cautioning the economy might be going through a "transition" and...

I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare, you can sign up here  https://event.webinarjam.com/register/27/l3k2rby6 Hot on the heels of the big drop in employment, global trade soared at the absolute wrong time and for all the wrong reasons. Both point to the same huge loss of economic momentum, now seen coming from places all over the world. C...

If you are in any way interested in precious metals,  you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:  http://www.monetary-metals.com/Snider/ Macy's is yet another with a warning on the economy just in time for the payroll numbers on February. They were a disaster if hardly anyone saw the true scale of it. Macy's might have a sense, as do other re...

Sign up for our free March 24 webinar right here: https://event.webinarjam.com/register/27/l3k2rby6 Another bazooka, this time from Germany, of all places. The mere thought of it has been enough to send the German bond market into a tailspin and sending yields to nearly their highest in fourteen years while also pulling other parts of the marketplace into it, too. Does the selloff signal inflation...

If you are in any way interested in precious metals,  you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:  http://www.monetary-metals.com/Snider/ Target issued another warning on the economy and then joined Best Buy as merely the first to say they're raising prices. While that may sound inflationary, it's the opposite and will end up pushing interest...

Stocks are getting hit, with bond yields tumbling. The "growth scare" gets louder as the luxury car brand just confirmed it's heading for the worst, no longer willing to hold out for economic strength everyone talks about yet never happens. The forgot how to grow economy is firmly at risk of remembering traditional recession mechanics.  Eurodollar University's Money & Macro Analysis WSJ Merced...

Not a good week for financial markets. Oil down. Rates sunk. Stocks hit. Crypto crashing. Why? The "growth scare" is back. Or, at least, it's back in the mainstream. In reality, it never left and certain financial markets are being forced to reckon with this.  Eurodollar University's conversation w/Steve Van Metre Atlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnow https://www.eurod...

The new guy at the RBI said he wasn't going to interfere with the rupee as much as his predecessor. Apparently, the dollar has left him with little choice. It’s the fundamentals that matter. And even India is showing more signs of forgetting how to grow. That’s why the dollar has been on a rampage again and why RBI can't let it go.  Eurodollar University's Money & Macro Analysis Bloomberg Indi...

European banks are surging into safety, buying the third most on record in January. At the same time, they scaled back activities in the real economy expecting further deterioration. Their behavior also backs up market pricing especially interest rates, while also exposing the fallacy behind them.  Eurodollar University's Money & Macro Analysis ECB BLS Q4 2024 https://www.ecb.europa.eu/stats/e...

Why now? After teasing a bank recapitalization plan as part of last year's "bazooka", the CCP did nothing about it over the five months since raising the matter. Total silence. Now, all of a sudden, news banks are going to get their equity after all. What changed? There are a few suspects, starting with growing turmoil in money markets alongside more problems with real estate.  Eurodollar Universi...

If you are in any way interested in precious metals, check out what today's video sponsor, Monetary Metals, is doing with them at the link below:  http://www.monetary-metals.com/Snider/ Rates are down sharply, so much the broad yield curve re-inverted from one critical spot. Given the macro context with crashing consumer confidence and a steep loss of economic momentum, particularly in the service...

Is there trouble brewing in the AI bubble? A report came out earlier today that Microsoft was scaling back its investments, one the company denied. Its substance, however, aligns with everything else that's going on, from Warren Buffett curiously choosing not to explain Berkshire's stock selling to the deteriorating conditions in South Korea.  Eurodollar University's Money & Macro Analysis Blo...

If you are in any way interested in precious metals, check out what today's video sponsor, Monetary Metals, is doing with them at the link below:  http://www.monetary-metals.com/Snider/ Walmart the latest to issue a warning. SPG's PMIs crack, particularly services. Consumer confidence tanks. And they call it "uncertainty." Eurodollar University's conversation w/Steve Van Metre SPG PMI press releas...

A tinderbox waiting to explode? When spreads are this low, and complacency this high, that means everyone is on one side the market. Not because they want to be, they have to be. And they all believe that they'll be able to get to the exits even though everyone is searching for the same signals.  Eurodollar University's Money & Macro Analysis Bloomberg Money Managers See Dangers in Credit’s Ee...

WTF!? This really better be a stunt or a bad joke because if it's not then we're faced with more bad economics. This proposal is exactly the SH&% that is supposed to be ending. The government wouldn't be giving anyone "their" money back, just borrowing more to make it look like that would what happens.  Eurodollar University's Money & Macro Analysis Milton Friedman - Tyranny of the Status...

The last central bank finally gives in to reality, joining the rate cutting cycle in one final blow to higher for longer. This brings RBA closer to its neighbor RBNZ even though, on the surface, the two seem far apart in every respect. For all this alleged differences, however, the dollar has drastically other ideas which is why dollar for dollar for dollar, they're all the same globally synchroni...

The poor economy brought down Germany's government. With the election looming on Sunday, attention turns to who will take over. The inconvenient truth, for the economy, is that it doesn't matter. The whole world needs to stop looking for answers from politicians who have NONE.  Eurodollar University's Money & Macro Analysis Reuters German voters demand change as Europe's biggest economy stalls...

Warren Buffett continues to sell stocks. But it's not just disposing of stocks, which ones. At the same time, even Wall Street is beginning to take note of the dangers over dramatic complacency in risk markets like junk credit along with stocks. With both marketplaces waiting for a recession each recognizes, they're being eroded by the one we already have. That could very well explain why the sell...

From the outside, everything that could have gone wrong for bonds did. CPI. PPI. Auctions. Hawks. You name it. Despite all that, what bond yields did instead points to deeper fundamentals that are never talked about by mainstream sources - including the new Treasury Secretary.  Eurodollar University's conversation w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/Jef...

Amazon warned the start of 2025 was rough, and boy was it. Government data on consumer spending as well goods production came in exactly that way. And while extreme winter weather played a role in each one, it was clearly the opposite of what everyone says.  Eurodollar University's Money & Macro Analysis NYT Amazon Says Profits Rose 88% but Cautions Growth May Slow https://www.nytimes.com/2025...

India has suffered a major currency drop, serious interbank liquidity problems, one of the largest central bank FX interventions in its history, a stock rout, and, for good measure, the third of three straight negative CPIs. And that's just the last four days.  Eurodollar University's Money & Macro Analysis Bloomberg India Central Bank Punishes Rupee Speculators in Surprise Move https://www.bl...

Shocker of a CPI report; or was it? The bigger shock came afterward when Chevron stunned with its massive shake-up. At the same time - and for the same reasons - the oil market is undergoing a dramatic change of its own. And these are far from inflationary.  Eurodollar University's Money & Macro Analysis BLS January CPI https://www.bls.gov/news.release/cpi.htm CNBC Chevron will slash up to 20%...

We're finding more and more evidence in 2025 that escaping the economy of the past few years won't be so easy and neat as many were hoping. The golden arches reported their worst sales estimates for American stores since the lockdowns. Those results fit with other retailers struggling mightily among other commercial segments, as data now suggests consumer fears over the labor market are compoundin...