#eurodollar #money #banks #interestrates #depression #recession #inflation #dollar What is a eurodollar? The answer to that question is far more complicated than you've ever heard and have been led to believe. So many myths persist about money and reserve currency, what they are and what they have to do. In this video, join me in taking the first step to understanding these deepest fundamentals. Let's take a closer look to see if we can't just figure out what's in the black hole. This is what Eu...
Oct 06, 2023•22 min•Ep. 590
Free Webinar, Friday Oct 20, 630pm EDT. Sign up here: https://event.webinarjam.com/channel/eurodollar #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #oil #gas Oil prices are killing what ever slim chances we had for a soft landing. Rather than trigger inflation, crude shocks destroy demand to shove questionable economies right over the edge into recession and worse. The latest data indicates that's happening right ...
Oct 05, 2023•18 min•Ep. 589
Free Webinar, Friday Oct 20, 630pm EDT. Sign up here: https://event.webinarjam.com/channel/eurodollar If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #employment #jobs #jolts What the hell was that? Everyone went nuts over...job openings? Not only is this data from JOLTS unreliable, ...
Oct 04, 2023•18 min•Ep. 588
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #europe #japan #energycrisis Another strong signal on global collateral conditions coming again from Japan. Only this time it isn't only J-bills. The warning is being corroborated from around the eurodollar system. Fr...
Oct 03, 2023•21 min•Ep. 587
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #eurodollar #germany #europe #recession #interestrates #economy #recession2023 #dollar #credit #inflation #deflation #dollar #economiccrisis Soft landings don't happen. The public has been led to believe they're effortless in the hands of skilled central bankers and politicians. Germany is an interesting case for dismantling the entire idea. While the German econ...
Oct 02, 2023•18 min•Ep. 586
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #hungry #recession #interestrates #recession #recession2023 #dollar #oil #economy #depression #economy After the past couple of years, consumers from around the world are struggling to afford food and now comes another energy shock. Rather than lead to more "inflation", like 2022's oil spike the result will be disinflationary and worse. The signs are all around u...
Oct 01, 2023•18 min•Ep. 585
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #gdp Revised GDP estimates have sharpened what seems to be a pre-recession tradition. The economy hits a wall and stumbles only to rebound into what sucks many into believing is a soft landing; only to then fall off at a later poin...
Sep 29, 2023•20 min•Ep. 584
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #yuan #yen #won #euro #pound The eurodollar is rampaging again, exacting a global toll on everything it touches. Since it is the reserve currency, that means everywhere. Examining evidence for why the dollar exchange ...
Sep 28, 2023•20 min•Ep. 583
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch Forward-looking data for services as well as manufacturing continue to indicate recessionary trouble ahead. But they've been doing that for quite some time already, leaving many to tune them out as just background noi...
Sep 27, 2023•18 min•Ep. 582
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #china #yuan More troubling developments from China's big real estate developer. Unfortunately for us, for everyone, these growing woes from over there are corresponding with indications of eurodollar tightening meani...
Sep 26, 2023•18 min•Ep. 581
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #bankcrisis Does services lead manufacturing, or does manufacturing lead services? A global PMI roundup answers the question. The mid-year bounce has ended leaving weak production in the goods economy to bleed into fa...
Sep 25, 2023•19 min•Ep. 580
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #bankcrisis Four trillion a day goes through this market, maybe a hundred trillion in contracts out there yet not a penny of it shows up on bank balance sheets. One of the most important parts of the global reserve cu...
Sep 24, 2023•21 min•Ep. 579
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch #bankcrisis Yesterday, we compared today to 1990 from the perspective of an oil price shock. Today, the similarities in the credit environments. What we find out is first that credit matters and, second, the Fed and i...
Sep 22, 2023•18 min•Ep. 578
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #oil #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar The FOMC concluded its meeting today and all eyes were on the dots when they should be scanning the oil patch. Surging crude - strictly as a supply matter - isn't inflationary but recessionary with a possibility of contributing som...
Sep 21, 2023•18 min•Ep. 577
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #bitcoin #crypto The breakdown in the eurodollar system all the way back in August 2007 has left the door wide open for competing monetary arrangements. Bitcoin is one of the most-established challengers yet isn't necessarily making as much headway after nearly a decad...
Sep 20, 2023•20 min•Ep. 576
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #china #xijingping #politicalnews #cny Is China back on track? According to many maybe most it is. Ignore all that and instead pay close attention to yuan. Authorities have been compelled to up their efforts to stabilize CNY and still the exchange value has dropped bac...
Sep 19, 2023•18 min•Ep. 575
If you want to delve into the deep background of how the monetary system works, or doesn't, check out our memberships and subscriptions. https://www.eurodollar.university/sales-page #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #recession #inflation #bonds #jeffsnider #inversion Yield curve inversion is now the longest-lasting on record. Though many will be quick to claim this means it has been wrong, the market being so stubborn is instead a str...
Sep 18, 2023•19 min•Ep. 574
Sep 17, 2023•18 min•Ep. 573
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #recession #airlines #cpi #inflation #bonds #jeffsnider Market reactions reacted to the CPI (and other recent developments) by pretty much doing nothing. That in itself was a vote on how inflationary consumer prices are being. A good example of why comes from the lates...
Sep 15, 2023•18 min•Ep. 572
If you want to delve into the deep background of how everything works, check it out here. https://www.eurodollar.university/sales-page #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #consumer #recession #banks #regionalbanks #bankstocks What banking crisis? The one from just a few months back might as well has been decades ago as far as most people today are concerned. But there is a lot happening in and around the banking sector as key markets pr...
Sep 13, 2023•18 min•Ep. 571
https://www.eurodollar.university/sales-page If you want to delve into the deep background of how everything works, check it out here #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #consumer #recession Retailers in the US are becoming increasingly nervous and for good reason. Consumers are showing more and stronger signs of running out of spending power. Last year it was hefty price increases this year a combination of headwinds. One of those is f...
Sep 12, 2023•16 min•Ep. 570
https://www.eurodollar.university/sales-page If you want to delve into the deep background of how everything works, check it out here Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university https://www.marketsinsiderpro.com https://www.PortfolioShield.net RealClearMarkets Essays: https://bit.ly/38tL5a7 THE EPISODES YouTube: https://bit.ly/310yisL Vurbl: https://bit.ly/3rq4dPn Apple: https://apple.co/3czMcWN Deezer: https://...
Sep 11, 2023•18 min•Ep. 569
Sep 10, 2023•18 min•Ep. 568
https://www.eurodollar.university/sales-page "If you want to delve into the deep background of how everything works, check it out here." #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #recession You can often tell what is going to happen by what policymakers don't want to talk about - or don't want you to talk about. The history of the Fed changing the Red Book's color reveals its gimmick. Decoding the words contained inside gives us sense of what...
Sep 09, 2023•18 min•Ep. 567
https://www.eurodollar.university/sales-page "If you want to delve into the deep background of how everything works, check it out here." #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #oil Saudi Arabia got its wish - oil prices are surging. So, back to inflation again? Not according to all the evidence. First of all, oil isn't actually inflation, a mistaken belief from what happened in the 70s Great Inflation. Second, markets are looking at crude ...
Sep 08, 2023•17 min•Ep. 566
https://www.eurodollar.university/sales-page "If you want to delve into the deep background of how everything works, check it out here." #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #europe #eurodollar #germany Jerome Powell is selling a soft landing, but is anyone really buying? Not really, no. Risks - which are no longer just theoretical risks - are building all over the place. In addition to China/Asia, deflation has really gripped Europe. Producer price...
Sep 07, 2023•18 min•Ep. 565
#recession #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #hongkong #china #japan #stocks #dollar #yuan #yen Hong Kong's Hang Seng stock index correlates with quite a lot of Euro$ money indications beginning with China's yuan. Also others you might not expect such as US$ IRS swap spreads (esp. 30s) and UST yield curve spreads like the 2s10s. Hang Seng is a connection between money and economy as it relates to much of Asia. China is a mess and the latest data ...
Sep 06, 2023•17 min•Ep. 564
#recession #money #inflation #deflation #interestrates #dollar #economy #credit #unemployment #interestrates #jobs Payrolls numbers were all messed up. Household Survey, too, if not more. More revision madness plaguing the former while full-time jobs keep disappearing from the latter. Steve and I talk about what's really going on here with the data and what it means with a timely visit down memory lane with Tricky Dick. Eurodollar University's weekly conversation w/Steve Van Metre President Rich...
Sep 04, 2023•16 min•Ep. 563
#recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #federalreserve #liquidity #yieldcurve #china #yuan Another crazy couple of days in China's yuan saga. Authorities continue to escalate their tactics in the increasingly desperate attempt to stabilize CNY. Yet, the more officials feel they have to do, the more they also acknowledge what they've done so far hasn't done nearly enough. The eurodollar just isn't buying the Chinese s...
Sep 03, 2023•18 min•Ep. 562
Join us Friday Sept 1 for a free webinar. Register at the link below: https://event.webinarjam.com/channel/eurodollaruniversity #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #federalreserve #liquidity #yieldcurve #unemployment #jobs According to GDP, the US economy is resilient, really hanging in despite a tough global environment. On the other hand, GDP's twin indicates something very different. Spoiler: the very same as w...
Sep 01, 2023•18 min•Ep. 561