Another day, another crash; or crashes. Conference Board expectations plunged to their lowest level since 2011. Another Fed PMI plummets. Two-year Treasury yields hit their lows. All pointing to that Beveridge transition. Eurodollar University's Money & Macro Analysis Conference Board Consumer Confidence April 2025 https://www.conference-board.org/topics/consumer-confidence/press/CCI-Apr-2025 Atlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnow Bloomberg Economists Say Trade Wa...
Apr 30, 2025•21 min•Ep. 1073
If you were to go off of only data collected by the Federal Reserve on the economy, you'd be left with no other option than to see it at best on the doorstep of full-blown recession. Yet, officials argue inflation anyway. The real question is where all this information and evidence instead fits the "labor curve." Unfortunately, the Fed's numbers all fall on flat. Eurodollar University's Money & Macro Analysis Fed Beige Book April 2025 https://www.federalreserve.gov/monetarypolicy/files/Beige...
Apr 29, 2025•20 min•Ep. 1072
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/ While other airlines were pulling their forecasts afraid to tell the truth and preferring to hide under behind "uncertainty", Southwest's CEO bluntly stated there's a recession. And that's exactly what is starting to emerge from the Federal Reserve's very own contacts, thus why former FOMC hawks are now soun...
Apr 28, 2025•19 min•Ep. 1071
Weakness in key Asian bellwether has authorities there panicking into bailouts, setting its central on course to be the next major to head into "historically" low interest rates. That's not all, there's already spillover from the tariff shock in China where reports show work stoppages and factory closings. And rates there are right back near record lows. Eurodollar University's Money & Macro Analysis ChosunBiz South Korea's economy faces 0.2% GDP decline amid tariff and political turmoil htt...
Apr 27, 2025•17 min•Ep. 1070
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/ Walmart isn't sitting on tariffs. They instead rolling back more prices understanding what Chipotle just found out the hard way. The burrito bowl restaurant reported its first sales decline since the lockdowns, and the reason why has everyone from airlines to Walmart scrambling. Eurodollar University's Money...
Apr 25, 2025•19 min•Ep. 1069
While the whole world seems convinced the rest of it is rotating away from Treasuries, the actual evidence unequivocally shows something very different. This isn't a one-time relationship, either. Instead, a deep fundamental basis that connects repo, interest rates foundations, global banks, and the recent deflationary developments. Eurodollar University's Money & Macro Analysis Bloomberg Traders View Treasury Auctions as Litmus Test for Foreign Buyers https://www.bloomberg.com/news/articles...
Apr 24, 2025•20 min•Ep. 1068
Another day, another major warning this time once again from the Swiss. This one is a critical dollar signal. Even though the mainstream gets it completely backward, that diminish the significance of the surge. Plus, it is being corroborated by others along with changes to macro interpretations even among official bodies like the IMF. Eurodollar University's Money & Macro Analysis SNB's Martin Schlegel December 12, 2024 https://www.bloomberg.com/news/videos/2024-12-12/snb-s-schlegel-on-inter...
Apr 23, 2025•20 min•Ep. 1067
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/ We're moving out of the theoretical impacts from tariffs and global weakness and into the reality of the situation. The first data from April is coming in from a variety of sources. China is seeing major reactions, as did South Korea. Hardly being spared, the response in Philly manufacturing was near-histori...
Apr 22, 2025•20 min•Ep. 1066
Foreign governments are selling large quantities of Treasury securities, including the Chinese. Several commentators have therefore suggested there is a growing probability China devalues the yuan. While all of these results and possibilities are indeed related, not all foreigners are selling dollar assets. According to the same data, this group has been a buying hand over fist. Eurodollar University's conversation w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/...
Apr 21, 2025•20 min•Ep. 1065
Anyone looking to buy gold really needs to contact today's video sponsor, our friends over at DefytheGrid, using the link below: https://defythegrid.com/c/eurodollaruniversity/ Make sure you use Coupon Code: eurodollaruniversity A return to historic low interest rates in Europe is now practically guaranteed. Chances for ultra-low and maybe even zero is becoming too much to ignore. More importantly, why Europe has become a leader of the pack in the race to the bottom. Eurodollar University's Mone...
Apr 20, 2025•21 min•Ep. 1064
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/ There are way too many critical financial and monetary signals at crisis levels right now. The 2008 or 2020 comparisons are all over the place. The latest to reach these numbers is derived from silver. By itself, what it has done is alarming. Combined with everything else performing similarly, it's too much ...
Apr 18, 2025•21 min•Ep. 1063
Anyone looking to by gold really needs to contact today's video sponsor, our friends over at DefytheGrid , using the link below: https://defythegrid.com/c/eurodollaruniversity/ Make sure you use Coupon Code: eurodollaruniversity A big move in Japan today, with yields dropping and the yen rising. Both were matched by some truly grim developments and warnings from around the world, everything from AI to the Bank of Canada's extreme case and then some truly grim results in New York. Or, exactly wha...
Apr 17, 2025•20 min•Ep. 1062
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/ Central bankers all over the world kept saying, nah, we’re not going to do it this time. They weren’t going to race to the bottom, cutting their interest rates back down to historical lows. And the data keeps coming in that says, yeah, you are. Troubling developments along these lines as Europe goes more for...
Apr 16, 2025•19 min•Ep. 1061
Ray Dalio says he believes the economy is already on the edge of a full-blown recession already, and he's hardly alone. However, Dalio also told Meet The Press his main worry is that recession economy getting slammed by a crisis. While Mr. Dalio means persistently higher interest rates, we know that's not what the real markets are pricing even if ultimately this would lead to exactly what he's warning about. Eurodollar University's Money & Macro Analysis NBC News Ray Dalio MtP https://www.nb...
Apr 15, 2025•22 min•Ep. 1060
Consumer confidence plummeted to second lowest on record for a series that dates back to 1952 as American workers are afraid for their jobs in way the economy hasn't seen since the worst months of 2009. If that wasn't enough, both consumer and producer price indexes for March declined into deflation...in spite of tariffs. Eurodollar University's conversation w/Steve Van Metre University of Michigan Surveys of Consumers https://www.sca.isr.umich.edu/ https://www.eurodollar.university Twitter: htt...
Apr 14, 2025•18 min•Ep. 1059
DXY fell to its lowest value in more than two years. That means the dollar is crashing, right? Everyone says so, but when it comes to the dollar or anything related to the monetary system what everyone says is rarely ever so. The dollar IS going nuts, at least that part's right. Eurodollar University's Money & Macro Analysis Reuters US dollar stranglehold on global FX sets stage for euro parity: Reuters poll https://www.reuters.com/markets/currencies/us-dollar-stranglehold-global-fx-sets-sta...
Apr 13, 2025•19 min•Ep. 1058
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/ One of the most critical and dependable monetary signals we have utterly crashed this week. While other financial markets struggle to regain their footing, this one says there's more disorder still to come along with the negative consequences from it in the real economy. And to punctuate how high the possibi...
Apr 11, 2025•20 min•Ep. 1057
Why are Treasury yields soaring when they should be falling on flight to safety? This is the telltale sign of something we're not supposed to talk about or even recognize. As clear as day, the Treasury market's supposed breakdown explains everything else that's happening alongside it: why there are liquidations and chaos seemingly in every direction. Eurodollar University's Money & Macro Analysis Basis Trade/Hedge Fund Bailout https://youtu.be/MF3B0puKkxU https://www.eurodollar.university Tw...
Apr 10, 2025•21 min•Ep. 1056
Downgrades are coming in from all over the place, this one from America's top CEOs. Worse than that, critical segments of the bond market wholeheartedly agree with the increasingly dire assessments, making multiyear lows of their own. Moreover, the latest data on consumer credit fans the flames of ongoing liquidations. Eurodollar University's Money & Macro Analysis CNBC CEOs think the U.S. is ‘probably in a recession right now,’ says BlackRock’s Larry Fink https://www.cnbc.com/2025/04/07/ceo...
Apr 09, 2025•21 min•Ep. 1055
Today was Asia's turn to get pummeled by margin calls, distressed sales, even liquidations. Within all those, there are growing signs of monetary deflation. First, the key role Japan played in what happened. Then, an abrupt selloff in Treasuries which left the mainstream shaking its collective head. Instead, a telltale sign all its own. Eurodollar University's Money & Macro Analysis Bloomberg Asian Stocks Tumble Most Since 2008 on Global Recession Worries https://www.bloomberg.com/news/artic...
Apr 08, 2025•21 min•Ep. 1054
Market meltdowns took center stage and attention away from March payroll estimates. They were overshadowed by a rise in unemployment which further cemented growing financial concerns the economy has already fallen into the bad case. That point has previously been raised by a key factor almost everyone had missed. Eurodollar University's conversation w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
Apr 07, 2025•19 min•Ep. 1053
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/ If you want to come hang out at Rebel Capitalist Live, Use code jeff (lowercase) at checkout to get $100 off your ticket → https://rebelcapitalistlive.com/ Eurodollar University's Money & Macro Analysis https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU...
Apr 06, 2025•45 min•Ep. 1052
Downgrade fever is here. It's coming in from private sources as well as central banks, in the US as well as outside of it. The global economy's loss of momentum has become too much to ignore any longer. While that just means everyone will blame tariffs, all those are doing is waking everyone up to what's been happening for some time already. Eurodollar University's Money & Macro Analysis Atlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnow Bloomberg Fed’s Goolsbee Warns of Tari...
Apr 03, 2025•19 min•Ep. 1051
The selloff in the riskiest corners of the credit market has been significant over the past month, yet there are worries it is nowhere near enough. Some have called it the financial system's gray swan, the most glaring inconsistency nearly everyone is simply ignoring or trying to paper over. As the economy deteriorates - with more evidence today - the risk to the system only gets bigger and louder. Eurodollar University's Money & Macro Analysis Bloomberg US Recession Fear Raises ‘Gray Swan’ ...
Apr 02, 2025•19 min•Ep. 1050
There are growing signs the AI bubble has indeed been a bubble and it may be reversing. That's not great for stocks, obviously, but the potential goes way beyond plaguing equities. There are direct impacts as well as, most importantly, the combination with other negative factors producing a confluence of too many headwinds. Eurodollar University's Money & Macro Analysis Bloomberg Microsoft Abandons Data Center Projects, TD Cowen Says https://www.bloomberg.com/news/articles/2025-03-26/microso...
Apr 01, 2025•20 min•Ep. 1049
With recession fears still growing, the government just reported strange results for a key set of economic data. And it's contradicted by a range of other reports, starting with more retailer warnings like the one from Lululemon about store traffic. Eurodollar University's Money & Macro Analysis Bloomberg Lululemon Plunges With Outlook Hurt by US Consumer Worries https://www.bloomberg.com/news/articles/2025-03-27/lululemon-s-us-struggles-weigh-on-sales-outlook-for-coming-year https://www.eur...
Mar 31, 2025•19 min•Ep. 1048
Why are senior researchers and former officials urging the Fed to create a hedge fund bailout? At first, this seems to be about the Treasury market and concerns tied to March 2020. It doesn't take too long, however, to see what's really going on here. Eurodollar University's Money & Macro Analysis Brookings Treasury market dysfunction and the role of the central bank https://www.brookings.edu/articles/treasury-market-dysfunction-and-the-role-of-the-central-bank/ Bloomberg Fed Urged to Explor...
Mar 30, 2025•23 min•Ep. 1047
Historic bond buying by European banks kept up again in February. The two-month binge is only surpassed by April and May 2020. At the same time, no lending to speak of, banks being totally defensive despite rate cuts. The implications are enormous given the background for 2025. Eurodollar University's Money & Macro Analysis You can watch the replay of our last webinar going over the various scenarios for the global economy: https://event.webinarjam.com/go/replay/27/n0rnxu71sp7b8nb1 Eurodolla...
Mar 28, 2025•18 min•Ep. 1046
You can watch the replay of the webinar here https://event.webinarjam.com/go/replay/27/n0rnxu71sp7b8nb1 Eurodollar University's one-time webinar offer for its subscriptions and memberships: https://www.eurodollar.university/webinar-offer Why on earth would anyone say we need a serious financial and economic crisis? Simple: it might be the only way to avoid a lot worse. We've had two so far in the last almost twenty years that got us nowhere; worse than nowhere. If nothing else, maybe third time'...
Mar 27, 2025•22 min•Ep. 1045
You can watch the replay of the webinar here https://event.webinarjam.com/go/replay/27/n0rnxu71sp7b8nb1 Eurodollar University's one-time webinar offer: https://www.eurodollar.university/webinar-offer Consumer confidence collapsed in March, at the same time data on services industries showed much the same. This dramatic loss of momentum is coming up seemingly everywhere, to the point it has Wall Street taking the R-word more seriously than at any time since 2020. Not for nothing, that's what some...
Mar 26, 2025•19 min•Ep. 1044
