Shows / Eurodollar University
Eurodollar University
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.
Episodes
Eurodollar UniversityQ&A Live Replay: Banks, Bullion, Rates and Regrets
Huge thanks to Eric Basmajian and train-traveler Mike Green for answering member questions. Member/Subscriber Live Q&A recorded October 22, 2024.
Eurodollar UniversityThe Real Debt Crisis Is Here – And No One Noticed
We are seeing the full effects of the debt crisis paradox. And it only seems like a "paradox" from hte perspective of conventional wisdom on the matter…
Eurodollar UniversityGlobal Central Banks Just Panicked (heres what you need to know)
Does the Bank of Canada need to exist? Canada shares a lot more than just a common border with the US, interest rates, inflation, even changes in economic…
Eurodollar UniversityThis Was the Final Straw to the Global Economy!
This may end up being the final straw for what's left of the global economy. With more highly negative signals from copper, gold, oil and swaps, even bond…
Eurodollar UniversityBREAKING: 80% of Americans Are Broke and No One’s Talking About It!
A whopping 98% of American voters in one mainstream poll say the economy is a major concern, including 79% who rate it their top worry. Economists, the media…
Eurodollar UniversityWorldwide Demand Nosedives 50% for Vital Economic Goods
Wall Street was rocked by a huge plunge in orders for ASML, a company which produces machines that touch practically every part of the global economy. That was…
Eurodollar UniversityHOLY Sh*t: Bank Earnings are Out Showing MASSIVE Loan Losses
We are in the thick of bank earnings and quarterly reports. The one theme they keep coming back to is...losses. It's become such a problem even JPM CEO Jamie…
Eurodollar UniversityChina is Spiraling Out of Control (Everything You Need to Know)
Another update from top Chinese officials on the status of "stimulus" comes amidst a flurry of macro and banking data from the country. While many will claim…
Eurodollar UniversityJobless Claims Are About to Skyrocket
A big jump in jobless claims actually muddies the picture for the labor market. Meanwhile, consumer prices that many in the mainstream are claiming as…
Eurodollar UniversityIndia is PLUNGING and it’s Spreading to the Rest of the World
The world’s major growth engine the past few years is showing more and worsening signs of finally cracking, including its currency hitting a record low just…
Eurodollar UniversityBREAKING: Repo Data Exposes Major Trouble in the Banking System
There is a story brewing in repo. Fails have broken a long run trend and they did it in early August. Latest data from FRBNY says that's still the case. It…
Eurodollar UniversityChina is Bailing Out Their ENTIRE Banking System
While everyone - especially in Chinese and China-related stocks - get caught up in last month's "stimulus" frenzy, the overlooked the only real news that came…
Eurodollar UniversityCredit Card Shutdowns Begin: The First Sign of Economic Collapse
Another recession warning and this one is related to brewing problems with unemployment. The September payroll report has put mainstream focus back on a soft-…
Eurodollar UniversityJapan is CRASHING and it’s Spreading to the Rest of the World
US economic weakness continues to show up outside the country as much as inside (last payroll estimate notwithstanding). Japan's government leading indicator…
Eurodollar UniversityThe "Profound" Impact of Rate Cuts Have BEGUN
September's payroll estimate soared WAY above expectations. Is it a Fed miracle? This isn't the first time this has happened; in fact, each of the last two…
Eurodollar UniversityHow Fed Rate Cuts Actually Affect Interest Rates (What to Expect)
The bond rally is now one year old and it finally got to the point where central banks - including the Fed - are getting out of the way. Now that the market…
Eurodollar UniversityPhase 2 of the Global Recession has Begun
There are several ways to know that the second phase for the global recession has started. While there is never a clear demarcation between any stages or just…
Eurodollar UniversityYou Won't Believe What The Bank Of Japan Just Did
The Bank of Japan's very recent change of heart has apparently been strong enough to do the same for incoming Prime Minister Shigeru Ishiba. Sounding…
Eurodollar UniversityHoly Sh*t! Jobs Have Completely Stopped Hiring
Jay Powell again reiterated that he believes the economy is "on solid footing." The most recent data on the labor market shows he's either wrong or lying…
Eurodollar UniversityCar Market Collapse Sends Major Warning to the Economy
Car stocks got clobbered as the global auto industry is heading for a major fall. There was a flood of announcements from carmakers all over the world this…
Eurodollar UniversityIs The Election Holding The Economy Back (Answer May Shock You)Now that everyone is coming to grips with economic weakness, particularly where it comes to employment conditions, understanding the high potential for a lot more or worse, people are trying to figure out where it is coming from therefore what might be done to turn it all around. Did the Fed break the economy? Are employers worried about the next President? Eurodollar University's conversation w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
Now that everyone is coming to grips with economic weakness, particularly where it comes to employment conditions, understanding the high potential for a lot…
Eurodollar UniversityPeople are Desperately Losing Hope in the Labor Market
Americans continue to say they're alarmed about job prospects. That's what consumer confidence is truly about, not consumer spending. Workers see and…
Eurodollar UniversityBREAKING: China Stimulus Changes Everything (Or Does it?)
Not content to leave it with the PBOC's Oprah-fest of rate cutting, China's central authorities announced what's being called a massive stimulus push. The…
Eurodollar UniversityGlobal Yield Curves Are Un-Inverting, Here's What You Need to Know
It's not just USTs. Rates are falling all over the world faster in shorter maturities than long. That means a global wave of un-inversions and bull steepening…
Eurodollar UniversityChina Is Desperately Cutting Rates—is this the Start of a Global Crisis
Chinese authorities held a surprise press conference early this morning where PBOC Governor Pan Gongsheng did his best Oprah Winfrey impression handing out…
Eurodollar UniversityEurope's Disaster Is About To Spread To The World
More confirmation that recession is coming back with a vengeance in Europe. The latest data indicates the dangers this time around including jobs and layoffs…
Eurodollar UniversityOMG! You Won't Believe The New Jobs Data
The Fed just cut its benchmark rate by 50-bps even though jobless claims are among the lowest in their history. At the same time, CPI shelter prices have…
Eurodollar UniversityHere's What Happens to the Stock Market After the Fed Cuts Rates
FedEx's CEO admitted some truth about the Fed's rate cut this week, and the stock was immediately punished for it, dropping 15% on Friday. This raises a bunch…
Eurodollar UniversityYou Won't Believe How Global Central Banks Responded To The Feds Rate Cuts
Now that the Fed has done it, everyone wants to get in on the act. They call it "undershooting" which is just a fancy word for "bonds were right." Switzerland…
Eurodollar UniversityProfound Implications from Feds Rate Cut Decision
The Fed cut its benchmark rates by 50 bps in a panicky move to catch up to both the economy and the marketplace. Reaction in the latter was muted because this…
Eurodollar UniversityNew Data Suggest Hiring Has NEVER Been this Bad
People imagine a recession is when masses of people are being laid off and so consumer spending isn't just negative, it must be crashing. While those can…
Eurodollar UniversityAmericans Have Lost Hope in Their Economic Future
Americans' hopes and dreams of better opportunities have utterly crashed and burned over the past five months. This isn't about more price increases, rather…
Eurodollar UniversityInterest Rate Cuts Are Here, Here's What You Need To Know
Consumers can't afford groceries, so how is a lower reverse repo rate going to help them? Now that it is settled the Fed will cut rates next week, everyone…
Eurodollar UniversityChina's Economic Crisis Just Got a Whole Lot Worse
Authorities in China continue to do everything they can to derail the country's globally synchronized bond rally. It continues to hit record low yields anyway…
Eurodollar UniversityYou Won't Believe What Europe's Central Bank Just Did
The ECB cut rates for the second time, as expected, though amidst a strong bond/bund market rally that has now completely un-inverted that yield curve. This…
Eurodollar UniversityBank Balance Sheet Reveals MASSIVE Systemic Stress
It was all banks all day yesterday. Basel rules foul-up. Warren Buffett continuing to dump BofA. Citi dumping on credit. Deutsche unloading CRE, or trying to…
Eurodollar UniversityInterest Rates Are COLLAPSING Causing Panic Across Global Markets
There's no September here as interest rates continue to plunge. The two-year UST is at a record low relative to the Fed. In the past when the two-year has…
Eurodollar UniversityChina's Collapse Has Entered a Dangerous New Stage
Interest rates continue to collapse in China even outpacing US Treasuries. Commodities are being crushed as prospects for the world's two largest economies are…
Eurodollar UniversityDid the Fed Accidentally Leak Their Next Move?!
We know there are Fed rate cuts coming in September and that there is very good chance it will be 50 bps. Could policymakers also surprise by ending QT (not…
Eurodollar UniversityEverything Is Melting Down ALL At Once
More meltdowns across key markets, starting with the Treasury curve rapidly unwinding. Commodities are getting crushed, gasoline absolutely smoked. Swaps. Yen…
Eurodollar UniversityHistory Shows us this ALWAYS Ends Badly
Politicians always feel the need to do something even if they don't know why or what's actually wrong. That's all "price controls" really are since they sure…
Eurodollar UniversityJapan is PLUNGING and it’s Spreading to the Rest of the World
Carry trade is back! In reality, it never left. Not because of BoJ rates hikes or threats, rather all the growing evidence the US isn't at risk of recession…
Eurodollar UniversityYou Won’t Believe what Happened at the Discount Window
While the world was focused on financial volatility and liquidations at the start of August, something odd happened at the Federal Reserve's Discount Window…
Eurodollar UniversityGas Prices Are TANKING, Here's What That Means for the Economy
Wholesale gasoline prices plunged in August to their lowest since the start of the year. This sounds like a positive, both for consumers as well as Fed…
Eurodollar UniversityConsumers Have NO MORE Savings...
The most significant macro data from the past week certainly wasn't GDP (it wasn't even the most important datapoint within its own series), instead it was…
Eurodollar UniversityBREAKING: GDP Explodes Higher (Unless You Look Beneath the Surface)
People keep saying the economy is in the toilet and the US government keeps raising its estimate for GDP. The general public isn't wrong, GDP is. How do we…
Eurodollar UniversityNew Data Shows the ENTIRE Service Economy Is Facing Collapse
New information from various sources all around the US service sector shows a downturn taking hold in that segment with employment signals turning more and…
Eurodollar UniversityGermany Is in Full Blown "Crisis" Mode, Heres What that Means for the World
German observers are saying the economy has reached crisis proportions and the reason is what the US economy's weakness is doing to the rest of the world…
Eurodollar UniversityChinese Company PLUNGES 30% (This Confirms Everything)
Chinese e-commerce retailer Temu becomes the latest global consumer business to warn about the economy - exactly what bonds have been doing all year much to…
Eurodollar UniversityThe REAL Reason Interest Rates are TANKING
Just as low interest rates are being validated in every way, some Economists like Nouriel Roubini are alleging that yields are instead being held down by noted…
Eurodollar UniversityEverything The Main Stream Media Missed at Jackson Hole
Jay Powell's Jackson Hole appearance and speech wasn't really about rate cuts. It was a sales job trying to sell you and as much of the world as possible on…
Eurodollar UniversityJerome Powell Bombshell Speech Reveals Everything You Need To Know About The Economy
It wasn't just a pivot, Powell admits the US economy is in trouble as unemployment has already started rising. While that's it's own can of worms, there are…
Eurodollar UniversityCentral Banks Are Now Making Emergency Rate Cuts (Is the Fed Next?)
The economy really has deteriorated quickly, enough that what seemed highly unlikely if not impossible early in July was very near to happened at the end of…
Eurodollar UniversityBREAKING: Job Market Just Revised Down 800,000! (Payroll Crash)
Was Macy's the latest victim of the strong labor market? That doesn't make sense, of course, and now the government data has been revised massively lower to…
Eurodollar UniversityGold Surges To All-Time Highs (Everything You Need to Know)
Gold jumped to another record high at the same time stocks are back closing in on theirs. Only two weeks after global financial chaos that has everyone…
Eurodollar UniversityIf This is Right, Unemployment is About to SKYROCKET
Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a…
Eurodollar UniversityThe REAL Economic Data Was Just Released, It's Not Good
Revisions are a normal part of high frequency data. Constant, near-exclusive downward revisions are not. Rewrites should be more evenly distributed which means…
Eurodollar UniversityI've Changed My Mind, I Think Interest Rates are About to Rise, Here's Why
Financial volatility. Recession conditions. Lower growth and inflation. The rate cuts are still coming. So, that means interest rates around the world are…
Eurodollar UniversityWhat Steel Prices CRASHING Means for the Global Economy
Steel prices are plunging, down a quarter since May at lows not seen since 2016. The chairman of the world's largest producer just said he expects it to get…
Eurodollar UniversityThis Was the Point of NO return (CPI Breakdown)
This was supposed to be all about "inflation" and instead everything is coming up jobs - including the latest CPI report. From Home Depot's most recent…