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Eurodollar University

763 episodes - English - Latest episode: 10 days ago -

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.

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Episodes

Has The Government Debt Crisis Finally Started?

April 17, 2024 11:00 - 18 minutes - 33.1 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring UST yields are up somewhat sharply since early April, raising questions as to why that is. High on the public list of suspects is a government bond crisis for obvious Uncle Sam insanity reasons. Others point to possible reflation in higher yields. We do have a solid, historically validated answer for Treasuries, but it's written in...

Oh Sh*t, The Narrative has COMPLETELY flipped

April 16, 2024 11:00 - 18 minutes - 34.1 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Higher (slightly) interest rates and a couple rising commodities has brought back the reflation trade. For those to be valid, there would have to be widespread confirmation that a meaningful pickup in demand is brewing. Instead, there are huge holes including the most critical signal of them all.  Eurodollar University's Money & M...

The Chinese Banking System is COLLAPSING

April 15, 2024 11:00 - 17 minutes - 31.8 MB

Is the Great Migration about to get worse? The answer starts in China where just the week the country already reported a sharp fall in consumer prices. CNY is down and so are government bond yields there. The Chinese also said the economy suffered a big drop in exports and then suffered a record low growth rate for lending. Banking woes, trade setbacks, further declines in growth and inflation expectations. The rest of the world is going to feel the effects. Eurodollar University's...

Fed Reports "People Now Unable to Pay Off Credit Card Debt"

April 14, 2024 11:00 - 17 minutes - 32.7 MB

The economy is doing just fine according to many statistics, but according to most people it is anything but. Those aren't just idle malcontents, either. A fundamental fact of the current state of the world is that it will have to reckon for that economic pain and substantial loss. Many now merely believe that worst is behind is, but what if it is still lying just ahead? Eurodollar University's conversations w/Steve Van Metre FRB Philadelphia Q4 2023 Insights Report https://www.ph...

China's Crisis Is Sending A Warning To The World

April 12, 2024 11:00 - 18 minutes - 33.7 MB

Yesterday's US CPI reignited the fierce debate over a possibly sticky inflation future. China just ended it by reminding the world of its stubborn deflationary present with the third largest monthly CPI drop in the last twenty years. Producer prices also decline which is a solidly disinflationary signal for China and the world regardless of the latest consumer price numbers from elsewhere.  Eurodollar University's Money & Macro Analysis China's NBS Consumer prices press release ht...

New CPI Numbers Shock The Market! (Everything You Need To Know)

April 11, 2024 11:00 - 18 minutes - 34.2 MB

Another CPI comes in higher than expected. This isn't some harbinger of an impending price spiral, just the regular fluctuations in consumer prices driven largely by oil. It has stirred up inflation fears anyway in large part because it seems as if the CPI and especially the core rate is now stuck at a structurally higher rate. History cautions when making those assumptions.   Eurodollar University's Money & Macro Analysis https://www.eurodollar.university Twitter: https://twitter...

Goldman Sachs Makes MASSIVE Bet On Lower Interests Rates

April 10, 2024 11:00 - 17 minutes - 32.6 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Hawkish policymakers, oil prices, higher for longer all over the media. Why are banks, not just central banks, already cutting rates? Contrary to what you hear in the mainstream, policymakers aren't actually all that hawkish. More importantly, global markets are pricing more assertively for fragility not soft landing. Eurodollar U...

Oil Is About To Break The Economy

April 09, 2024 11:00 - 19 minutes - 34.9 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring What if gold and oil are actually trading on the same outcome? Despite popular misconceptions, a non-economic oil shock like the one we're currently experiencing is NOT inflationary. On the contrary, history shows it will almost certainly be disinflationary because of the negative impact it has on the economy. And if that impact is...

Oil inflation Fears Going Viral (Everything You Need to Know)

April 08, 2024 11:00 - 17 minutes - 32.7 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Oil is up sharply as fears over a wider conflict in the Middle East continue to rise. Quite predictably, this has raised widespread concerns over renewed "inflation." But we just did this six months ago and that example shows what we should expect today and going forward.  Eurodollar University's conversation w/Steve Van Metre ht...

We Need to Talk About the Job Market Data ASAP

April 07, 2024 11:00 - 17 minutes - 32.4 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Yet another blowout payroll number from the government. Even though the BLS's "other" employment estimates managed a sharp rebound on the month, the difference between the two has become intolerable. How do we know which one might be closer to reality? We make a bunch of comparisons to see which way the weight of evidence falls.  ...

It's Over: China's Currency Has Never Done This Before

April 05, 2024 11:00 - 19 minutes - 35 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring China's currency trading was wild yesterday, CNY moving just a few pips above the PBOC's daily limit. But then, the country closed down for the rest of this week leaving the whole world hanging as to what might happen next. Will yuan breach the daily band for the first time ever? Might the central bank relent like it usually does? ...

Things Are Escalating, Quickly...

April 04, 2024 11:00 - 15 minutes - 29.3 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Monday's "strong" ISM manufacturing data sparked a whirlwind of inflation fear(mongering). Today's far more important and weak ISM non-manufacturing data barely took any notice. Why is that? The answer is obvious even though the latter series on services is far more important for the overall economy especially since these estimates...

We Need to Talk About the Bond Market Immediately

April 03, 2024 11:00 - 18 minutes - 33.2 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring To hear everyone tell it, bond yields are surging. Losses in the marketplace are "piling up" allegedly because hawkish central bankers will be fighting inflation a lot longer than previously hoped since the economy is so insatiably red hot. Except, none of that is true; starting with bond yields. And we can check our work, too, in ...

Gold Surges To All-Time Highs (Everything You Need to Know)

April 02, 2024 11:00 - 19 minutes - 35.5 MB

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOW https://www.eurodollar.university/sales-page-spring Gold continues to soar, hitting almost as many record highs as stocks. And that's a problem because unlike stocks gold tends to be a useful indicator and warning sign. There are three theories as to what's behind the golden surge. Here we examine the evidence and consistency of all three.  Eurodollar University's Money & Macro Ana...

How Bank Reserves Affect Liquidity (Macro Alf)

April 01, 2024 11:00 - 20 minutes - 38.2 MB

It is critical to understand what is happening in China first of all. The country is suffering from a confluence of longer-term structural imbalances butting up against near-term strategies ostensibly aimed at minimizing the fallout. The risks are complex though in broad terms pretty easy to sketch out. They include potential impacts on global liquidity, one of the most misunderstood topics in finance.  If are interested in Alf’s Macro Investment Fund, drop him an email for informa...

You Won't Believe What European Banks Are Doing

March 31, 2024 11:00 - 18 minutes - 34.5 MB

CHECK OUT EURODOLLAR UNIVERSITY'S SPRING SALE https://www.eurodollar.university/sales-page-spring What is it with banks these days? Well, this time it may not be the bank themselves. According to the latest data from the ECB, European depositories are lending loads to non-banks over there. That's not a good sign and in this video you'll see why that is - and why it isn't just Europeans who should be seriously concerned.  Eurodollar University's Money & Macro Analysis ECB Manual o...

The Recession Is Here, And It's Worse Than You Think

March 29, 2024 11:00 - 20 minutes - 38.1 MB

We keep getting more and more recession confirmation. Soft data comes in ugly and is easily corroborated by hard estimates from a variety of sources. The only part missing is the layoffs. Where are they? Part of the answer comes from hoarding, though the more important piece is not what you might think.  Eurodollar University's Money & Macro Analysis https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU

Japan Is Now Threatening MAJOR Intervention Against The Dollar

March 28, 2024 11:00 - 18 minutes - 33.7 MB

The Japanese are really getting bothered by weakness in the yen. But where is it coming from, and what might be done about it? Officials in Tokyo are threatening to intervene again, but a review of past interventions shows not just the folly of any attempt, better yet some useful clues about what's really happening here. It isn't Japan. Eurodollar University's Money & Macro Analysis Bloomberg Japan Amps Up Intervention Threat as Yen Hits Lowest Since 1990 https://www.bloomberg.com...

What Stage Of The Recession Are We In

March 27, 2024 11:00 - 19 minutes - 36.2 MB

As more signs of instability pile up around the world but also coming from inside the US. Those are evidence for the continuing downside to the supply shock, the same cycle, not a soft landing. What are the key differences? Employing a few critical datapoints it's easy to see how much of a divergence there already has been and what that likely means for the upcoming period.  Eurodollar University's Money & Macro Analysis https://www.eurodollar.university Twitter: https://twitter.c...

Latest Banking Data PLUNGES At The Same Time China Did This

March 26, 2024 11:00 - 18 minutes - 34.7 MB

Something just hit the US banking system. Tons of cash gone from their balance sheet seemingly as they reallocate their assets. At the same time this is going on, the dollar has surged against primarily Asian currencies rocking those countries and leading to several government backlashes. Are these all related? The answer appears to be, yes. Eurodollar University's Money & Macro Analysis https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU

Target Gives MASSIVE Warning Of Consumer Behavior

March 25, 2024 11:00 - 18 minutes - 34.4 MB

The bedrock assumption for a soft landing in the US is continued consumer spending. The economy around the world really needs Americans to keep spending at close to the same rate. Instead, more evidence is coming in that they are just out of gas. In addition to macro statistics, more retailers are confirming the downturn and no longer just those who sell to lower-income consumers.   Eurodollar University's conversation w/Steve Van Metre Target Introduces New Brand, dealworthy, Fea...

CLO Markets are on the Collapsing (liquidations starting)

March 24, 2024 11:00 - 20 minutes - 37.7 MB

It isn't prospective rate cuts, the downward bias in market interest rates comes from real risks in the global system. The biggest of those are US commercial real estate (CRE) and China. Key developments in both show that the situation is fragile and that difficulties are serious even if playing out mainly in the shadows.  Eurodollar University's Money & Macro Analysis Bloomberg Real Estate Pain Is Showing Up in an Obscure Investment Product https://www.bloomberg.com/news/articles...

Swiss Central Bank Just Sent a Warning to the World

March 22, 2024 11:00 - 18 minutes - 34.1 MB

Few were expecting anything more than a few franc sales from the Swiss National Bank today. Instead, the SNB boldly cut its ST rate specifically because it knows what's coming from around the rest of the world. And that doesn't mean inflation in Switzerland or anywhere else. Eurodollar University's Money & Macro Analysis SNB Monetary Policy Assessment March 21, 2024 https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_20240321 SNB Introductory remarks, n...

Everything You Need to Know About The Fed Report

March 21, 2024 11:00 - 18 minutes - 34 MB

A wild FOMC meeting triggered by a rejiggering of the dots. Those don't really matter except as insight into how confused policymakers have become. Why are they confused? Rate hikes don't appear to be working, so they are having a hard time deciding what should happen next. Markets aren't so conflicted, only about the likeliest path for ST rates.  Eurodollar University's Money & Macro Analysis FOMC March 2024 Policy Statement https://www.federalreserve.gov/monetarypolicy/files/mon...

It finally happened after 17 years… will they survive

March 20, 2024 11:00 - 19 minutes - 36.2 MB

Well, they did it. The Bank of Japan ended its NIRP and YCC, raising its call money rate for the first time in forever. That's not the issue. Why they did it is open for debate, one that right now is taking place across markets. It's not going well for the rate-hikers.  Eurodollar University's Money & Macro Analysis BoJ Statement March 19, 2024 https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240319a.pdf https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU...

Global Central Banks Are Meeting This Week (Here’s What You Need To Know)

March 19, 2024 11:00 - 22 minutes - 41.3 MB

The Fed. Japanese destiny. Down Under. The Old Lady, Mexico, Brazil, and the Czech Republic. And those are just the start. A ton of central banks are going to be deliberating just this week. And while their policies don't really mean much to the economy, they can impact markets in the short run while also providing some somewhat useful clues about where the world really stands. Here's what to look for as it unfolds.  Eurodollar University's Money & Macro Analysis https://www.eurod...

Bank Term Funding Program Blows Up In Final Minutes...

March 18, 2024 11:00 - 18 minutes - 33.5 MB

The Fed shut down the BTFP, but just before it closed billions in loans were made to banks over the repeated objections of policymakers. Officials have been pushing depositories toward the Discount Window to the point even the FHLB system is dissuading its members from using its own advances as emergency liquidity. Yet, the last-minute BTFP indicates banks just aren't doing it with some substantial implications.  Eurodollar University's conversation w/Steve Van Metre FHFA FHLBank ...

Chinese banks CLOSING Loan Books Most On Record

March 17, 2024 16:30 - 19 minutes - 36.1 MB

China just held its National People's Congress amidst more economic and financial turmoil than at any time in its modern history. Two things quickly became clear: Xi Jinping continues to insulate himself politically from any potential fallout; his government has no idea what to be about it. The latest data from Chinese banks and the country's housing market highlight the gravity of the situation  and how little policies are helping.  Eurodollar University's Money & Macro Analysis ...

The Recession Just Hit Dollar Stores “People Can No Longer Afford to Shop”

March 14, 2024 11:00 - 17 minutes - 31.9 MB

More recession signals. We've got the major dollar store chains in the US closing stores and reporting troubling results about consumer behavior. Those are now backed up by hard evidence in the form of retail sales, which have been much worse than initial thought. Behind everything, the looming recession, is the fact oil prices are NOT inflation nor inflationary.  Eurodollar University's Money & Macro Analysis Dollar General Q4 2023 results https://investor.dollargeneral.com/websi...

Oil Markets Are Sending A Warning To The World

March 13, 2024 11:00 - 18 minutes - 34.4 MB

Is "inflation" back? A big part of the answer to that question comes from the oil market, though not at all in the way you might think. A revisit of the 2008 crude oil bubble/shock to see what it can tell us about a lot more than consumer prices in 2024. Eurodollar University's Money & Macro Analysis OPEC March 2024 Announcement https://www.opec.org/opec_web/en/press_room/7305.htm Remarks by Governor Ben S. Bernanke October 21, 2004 https://www.federalreserve.gov/boarddocs/speech...

If You Hear The Fed Mention 1995 Be On High Alert

March 11, 2024 11:00 - 17 minutes - 33 MB

As serious economic weakness begins to increasingly show itself, the Fed is going to pivot and thereby try to sell the public on lower rates as somehow being something positive. A small bit of economy insurance and nothing more. And they'll point to 1995 as for why. In reality, this is already nothing like thirty years ago. Eurodollar University's conversations w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU

Bank Term Funding Program Shut Down, What Happens Next

March 11, 2024 11:00 - 20 minutes - 37.2 MB

Today is the last day for new loans from the Fed's BTFP, and there is still $165 billion being borrowed from it. In fact, that balance increased just last week. What are the implications of the shutdown? We keep coming back to the same factor which was all over last March. And with CRE looming in the background, too.  Eurodollar University's Money & Macro Analysis

The Recession Just Hit The Job Market

March 10, 2024 11:00 - 19 minutes - 36.4 MB

Evidence for US recession and labor market woes are getting much stronger. While everyone fixates on the growing absurdity of the payroll revisions, the CPS data threw up THREE very strong recession signals, each historically validated, showing this isn't a short-term fluctuation or narrow, isolated occurrence. Plus, a fourth signal that is entire consistent with those other three. Employment recession changes everything. Eurodollar University's Money & Macro Analysis https://www....

The Most Important Financial Event Of The Last Century Is Here

March 09, 2024 12:00 - 27 minutes - 49.6 MB

Full Disclosure: Jeff has worked with Mr. Saxe as a trustee for a stablecoin project Ryne is the COO for.  The mainstream image of cryptocurrencies is cowboys and charlatans playing around with technology that doesn't seem to have any practical use. Kids are getting rich - many going broke - on what can appear to be trivial functions. Reality couldn't be farther from the truth. As Ryne points out, one key problem is that those who are indeed making a good-faith effort at making som...

What Interest Rates Going Down Really Means For The World

March 08, 2024 12:00 - 20 minutes - 37 MB

China's 10-year government bond yield just reached a 20-year low. UST yields are moving down again. What does it all mean; more importantly why do we need to care? It isn't just the signal bond curves provide, it is just as much the lack of direct access to the information we truly need.  Eurodollar University's Money & Macro Analysis FOMC Transcript February 1999 https://www.federalreserve.gov/monetarypolicy/files/FOMC19990203meeting.pdf BIS CGFS Papers No 65 US dollar funding: ...

New Data Warns Major Layoffs Coming

March 07, 2024 12:00 - 18 minutes - 33.5 MB

Evidence continues to show we're in half a recession already. There is a huge discrepancy between the "strong" US employment in the media and what's actually happening. Even mainstream sources are being forced to deal with how different the jobs market is to those actually experiencing it. These aren't isolated cases or stories, the data backing them up continues to pile up.  Eurodollar University's Money & Macro Analysis CNBC Economists say the labor market is strong — but job se...

Gold Is Exploding To All Time Highs

March 06, 2024 12:00 - 19 minutes - 35.3 MB

Gold is high but not on Waller. Fed Governor Chris Waller seems to have sparked the most recent jump in the metal, with people jumping all over their inference of some incoming Reverse Operation Twist. Untangling the fedspeak from so many huge misconceptions about gold - it is a TERRIBLE inflation hedge, as you'll see - in order to make sense of another legit red flag.  Eurodollar University's Money & Macro Analysis FRB Christopher Waller Thoughts on Quantitative Tightening, Inclu...

China Is Getting Aggressively Sold (why this matters)

March 05, 2024 12:00 - 19 minutes - 36.1 MB

It's bad enough that China's shakiest real estate firms are going to be creating big losses and not just for other Chinese financials. Now comes word the last remaining investment grade developer is rumored to be experiencing liquidity trouble, too. It is a sign of further progress - in the wrong direction. We need to understand what it means when Beijing is this impotent. Eurodollar University's Money & Macro Analysis

The Digital Future Is Here (Adapt Or Die)

March 05, 2024 04:37 - 57 minutes - 105 MB

Digital technology is revolutionizing every aspect of our lives, now including money. The first in a three-part series as Jeff travels to ETH Denver, the world's preeminent Ethereum conference, to start digging in to digital with those who are actually doing it, the insiders. Up first, world-renowned scholar, investor and, yes, philosopher-historian Manny Rincon Cruz. Eurodollar University's conversations w/Manny Rincon Cruz

Stop looking at the fed, this is what you need to worry about

March 05, 2024 04:12 - 19 minutes - 35.5 MB

Eurodollar University's conversations w/Steve Van Metre https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU

Mind-Boggling Reason GDP Is Going Up

March 02, 2024 21:09 - 20 minutes - 38.1 MB

Eurodollar University's Money & Macro Analysis AP US national debt hits record $34 trillion as Congress gears up for funding fight https://apnews.com/article/national-debt-deficits-biden-economy-inflation-record-b4258704f830c7f6e9c5e693748216cb Milton Friedman Newsweek “Deficits and Inflation" https://miltonfriedman.hoover.org/internal/media/dispatcher/214251/full https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU

This Is Signaling An ALL-OUT Global Recession

February 29, 2024 12:00 - 17 minutes - 32.8 MB

Unlike most terms thrown around Economics, 'globally synchronized' is no joke. It also isn't a recent development. Throughout modern history, when a sizable portion of the world starts to show contraction it will spread throughout the rest with very few spared. It is a poignant reminder given how the same is happening right now.  Eurodollar University's Money & Macro Analysis BoJ New Procedures for Money Market Operations and Monetary Easing Mar 19, 2001 https://www.boj.or.jp/en/m...

Japan's Crisis Is Sending A Warning To The World

February 28, 2024 12:00 - 20 minutes - 37.4 MB

To get the rest of the Lyn Alden, George Gammon conversation and a whole lot more, become a Eurodollar University member or DDA subscriber. You can find the information about those here: https://www.eurodollar.university/sales-page-1 Japan is in recession, one that is getting worse. Japanese officials tell you not to believe your lying eyes, inflation is the greatest risk. All the data conclusively shows it is not, that Japan's contraction is a product of global forces that just so...

This Chart Shows Where Interest Rates Are Heading

February 27, 2024 12:00 - 19 minutes - 35.5 MB

To get the rest of the Lyn Alden, George Gammon conversation and a whole lot more, become a Eurodollar University member or DDA subscriber. You can find the information about those here: https://www.eurodollar.university/sales-page-1 How accurate are market tools like spreads? If you're looking for absolute precision, you're in the wrong business. These measures are highly useful for broad purposes. Unfortunately, history shows those point in the direction of serious general econom...

What Is Money Debate with Lyn Alden and George Gammon

February 26, 2024 15:07 - 39 minutes - 72.5 MB

To get the rest of this conversation and a whole lot more, become a Eurodollar University member or DDA subscriber. You can find the information about those here: https://www.eurodollar.university/sales-page-1 Eurodollar University's conversations, Guests Lyn Alden & George Gammon https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU #lynalden

The Fed's Money Printing (What You Must Understand)

February 25, 2024 12:00 - 18 minutes - 34.8 MB

The Federal Reserve "prints" bank reserves, that's it. To understand why that matters, you have to understand where bank reserves came from and what they were and are intended for. It isn't at all what you think. But don't take my word for it; that comes straight from the Fed itself.  Eurodollar University's Money & Macro Analysis FRB Atlanta The Evolution of the Check as a Means of Payment: A Historical Survey, November 2008 https://www.atlantafed.org/-/media/documents/research/p...

Breaking Fed Report Exposes What They Are Actually Scared Of

February 23, 2024 12:00 - 19 minutes - 36.6 MB

If you happened to miss today's Webinar on CRE and the possible dangers from it, you can still watch the replay. Follow the link below. https://event.webinarjam.com/go/replay/23/1ym21crukhgh4 The FOMC's minutes for its January meeting shed light on the dilemma currently hitting policymakers. They're seeming embrace of the lower rates from last bond rally was no fluke. They instead share our growing and NOTABLE concerns over possible substantial fallout from CRE. However, they also ...

IT'S BEGUN: The Biggest Threat To Your Job Is Here

February 22, 2024 12:00 - 21 minutes - 39.1 MB

Another rash of layoffs is sweeping the US economy and its labor market. Only this time, unlike last year, the background behind them is far more concerning and even dangerous (economically, speaking). Those threatened by being thrown out of work know the score isn't entirely made up from those job cuts. It's actually the grim reality of no hiring.  Eurodollar University's Money & Macro Analysis CNBC Worries grow over a K-shaped economic recovery that favors the wealthy https://ww...

It's Happening

February 21, 2024 12:00 - 18 minutes - 33.4 MB

If you happened to miss today's Webinar on CRE and the possible dangers from it, you can still watch the replay. Follow the link below. https://event.webinarjam.com/go/replay/23/1ym21crukhgh4 Chinese "banks" opted for an unusually large cut to China's benchmark 5-year Loan Prime Rate. In truth, that appears at the behest of Beijing where authorities are becoming increasingly desperate. Nothing they are doing is working - and Chinese banks know it. China has a growing bank problem o...

IT STARTED... We Need To Discuss This Immediately

February 20, 2024 12:00 - 18 minutes - 33.2 MB

If you happened to miss today's Webinar on CRE and the possible dangers from it, you can still watch the replay. Follow the link below. https://event.webinarjam.com/channel/Eurodollarwebinar As more countries around the world "unexpectedly" succumb to recession, the consequences aren't strictly economic. While globally synchronized means many more will follow, the costs need to be accounted for in human terms. Why does it feel like half the planet is on the move? It's the economy, ...

Guests

Adam Tooze
1 Episode

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