Latest Eurodollar Podcast Episodes
Bombshell CPI Report Shocks The Market (Here's What You Need To Know)
Eurodollar University - July 12, 2024 11:00 - 18 minutesThe June consumer price estimates at first seemed like good news. Two months in a row at low and now negative changes. But these past two months have shown a little more weakness than most had bargained for, instead so many of the details consistent with recession indications spilling o...
You Won't Believe What's Happening in China
Eurodollar University - July 11, 2024 11:00 - 19 minutesChinese authorities are becoming increasingly desperate over their inability to stabilize any of the economy, banking system, or markets. CNY keeps going down, as does the economy. Banks in China aren't lending while dozens are now 'disappearing.' Safety/liquidity of government bonds ma...
LEAKED: Interest Rate Cuts Are Coming?!
Eurodollar University - July 10, 2024 11:00 - 17 minutesFrom 'strong and resilient' to 'uh oh' in a heartbeat. The unemployment rate has intruded itself on the soft landing narrative, forcing a near-total rethink of the situation all across the mainstream. Some major bank strategists are now calling for aggressive rate cuts from the Fed at t...
Europe is Now In Full Blown Crisis Mode (what does this mean for the rest of the world?)
Eurodollar University - July 09, 2024 11:00 - 17 minutesPolitical turmoil in Europe is very easy to understand. The European economy is supposed to be recovering from its unofficial recession, and yet the most recent data shows instead alarming (re)acceleration to the downside in a number of places. Realizing this means the path to clawing b...
Oh Sh*t, The Job Market Just Broke
Eurodollar University - July 08, 2024 11:00 - 18 minutesUnemployment in the US is now steadily moving higher. The June 2024 employment report contained more substantial downward revisions, evidence more employers are cutting hours, and most concerning is another increase to the unemployment rate. And, contrary to many claims, it's not the "g...
Phase 2 of the Commercial Real Estate Collapse Has Begun
Eurodollar University - July 07, 2024 11:00 - 18 minutesAccording to multiple recent reports, banks are very quietly selling out of CRE positions. Those reports are backed up by banking data which clearly shows an inflection in systemic loans in the space. Combined, we have strong evidence showing the second stage of the CRE bust has now sta...
What Comes After the Dollar dies
Eurodollar University - July 06, 2024 11:00 - 57 minutesModern economies have been moving in the direction of ledger money not for years or decades, for centuries. The world's current reserve currency, the eurodollar, merely represented the second stage in the evolutionary process. Now that it has surpassed its useful life, the door is wide ...
This Could Force the Fed to Cut Rates in July
Eurodollar University - July 04, 2024 15:10 - 19 minutesFed officials have repeatedly stated they are going to be patient before pivoting to rate cuts. But that would only be the case if the economy is actually strong and resilient. Should the labor market show signs of falling off dramatically, they'd cut their rates in a hurry. Today's mac...
Recession Warning Signs You Need To Be Watching (w/ @EPBResearch )
Eurodollar University - July 03, 2024 11:00 - 23 minutesIf you want to watch the full interview check it out at https://www.eurodollar.university Everyone wants to know the answer to the recession question. So, by very popular demand, Eric Basmajian of EPB Macro Research checks in with Jeff on the unusual state and status of the US business...
China's Treasury Market Just Hit a Record Low
Eurodollar University - July 02, 2024 11:00 - 16 minutesGovernment bond yields in China just plunged to more record lows as market agents are growing even more pessimistic. The unquenchable demand for safe and liquid assets has the PBOC getting ready to sell bonds into a marketplace that is increasingly concerned about a lot more than Chines...
Oh Sh*t, GLOBAL Unemployment Is Rising (What does this lead to)
Eurodollar University - July 01, 2024 11:00 - 19 minutesSoft landings and resilient economy supported by strength in labor markets. At least that's the narrative, the truth is completely different. Much of the developed world is being swept up in a wave of rising unemployment. Yes, including the US.;/ Eurodollar University's conversation w/...
The Japanese Yen Is CRASHING (what this means for the world)
Eurodollar University - June 30, 2024 11:00 - 18 minutesAnother new low for JPY as the Japanese government is shuffling up its top Finance Ministry people. Everyone continues to blame the Fed for the yen's crash but the evidence conclusively shows that's not it. This only raises the question, what is it? The yen's own track record holds the ...
Walgreens Warns: People Have Suddenly Stopped Coming
Eurodollar University - June 28, 2024 11:00 - 18 minutesRetail and Pharmacy giant Walgreens now says there won't be a second half rebound after all, not according to its view of the consumer economy. It was seconded by Levi's and then European behemoth H&M. All of that ties together with a record low in US pending home sales and a summer dri...
You Won't Believe What China's Central Bank Is Doing
Eurodollar University - June 27, 2024 11:00 - 20 minutesChina's top central banker confirmed last week the intention to radically change the operations of the Peoples' Bank of China. Some have speculated this equates to an imminent QE, but that has nothing to do with the reform. We've seen this before. The issue is bank, not central bank. ...
Primary Dealer Banks Showing Signs Of Global Collateral Tightening
Eurodollar University - June 26, 2024 11:00 - 18 minutesThere have been a whole bunch of ripples through the monetary system coming in from all angles pointing toward a sizable collateral disruption. The primary culprit(s) appears to be from Europe, starting in bond spreads surging off election uncertainty though we can't discount the ECB's ...
Japan is buying MASSIVE Amounts of Junk Credit
Eurodollar University - June 25, 2024 11:00 - 20 minutesJapanese banks have been bulking up on US junk corporate credit for the last year, driven entirely by an increasingly difficult reach for yield. That means overlooking dangers and risks which in other less distorted times would have been taken more seriously. The end result is a large a...
Copper's Latest Move Has The Market Freaking Out
Eurodollar University - June 24, 2024 23:00 - 18 minutesCopper and aluminum were soaring and so were reflation expectations for the global economy. If the world wasn't too careful, those might even lead to resurgent inflation. What's happening in those and other commodities has shocked market observers. As has the most recent global macro da...
Oh Sh*t, AAA Debt Is Starting to Fail Again...
Eurodollar University - June 23, 2024 11:00 - 19 minutesAnother CRE securitized structure is reportedly causing losses for its top tier, this one in another country and from a different corner of the real estate market. This matches recent reports that big banks are quietly beginning to sell their seniors in the space. Moreover, US homebuild...
You Won’t Believe What the Swiss Central Bank Just Did
Eurodollar University - June 21, 2024 11:00 - 18 minutesThe Swiss National Bank surprised Economists by cutting rates for the second time in a row. Citing a number of potential worries starting with more recession, the rate cuts are aligned with growing dollar troubles roiling the rest of the world. Major currencies are sinking fast, hitting...
MAJOR Bank Makes Announcement to Sell Billions in Treasuries
Eurodollar University - June 20, 2024 11:00 - 20 minutesA Japanese bank giant announced it was going to begin selling tens of BILLIONS in USTs and other European government bonds knowing full well the institution is going to take huge losses on the sales. Is this the start of another bank run? Will this kill the Treasury market? Eurodollar...
New Data is Screaming a Full Blown Recession is Confirmed
Eurodollar University - June 19, 2024 11:00 - 15 minutesThe data continues to pour in showing US consumers have indeed hit the wall. Spending is down according to a variety of sources, including the latest update on retail sales for May. There is also a growing body of evidence indicating there is more weakness to come starting with summer v...
China's Housing Market is Starting to Crack Rapidly (What You Need To Know)
Eurodollar University - June 17, 2024 11:00 - 19 minutesHousing prices in China plunged in May, accelerating sharply after April's big drop indicating the situation in the real estate market is getting closer to becoming disorderly. There will be fallout across the world should that happen, as there already is across China's economy as the l...
Americans Confidence in the Economy is Declining RAPIDLY
Eurodollar University - June 17, 2024 11:00 - 19 minutesConsumer confidence has dropped sharply over the past few months as Americans are now more concerned about jobs and incomes than prices. The shift has been so pronounced that even members of the mainstream media are questioning FOMC officials. Hardly strong and resilient, there's rising...
This is the WORST Case Scenario for the Global Economy (dollar up, rates down)
Eurodollar University - June 16, 2024 11:00 - 18 minutesConventional 'wisdom' says that when US$ interest rates go down the dollar goes down with them. Yet, it hasn't been uncommon to find Treasury yields falling as the dollar's exchange value jumps. When that has happened, nothing good comes from it. We're starting to see what looks to be t...
The Jobs Market is on the Brink
Eurodollar University - June 14, 2024 11:00 - 19 minutesEurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months. Sign up below: https://event.webinarjam.com/channel/rates I said the payroll number is wrong and Jay Powell of all people agrees. But if the real question is how wrong, that's where...
Walgreens Sends Stark Warning About Consumer Behavior (Confirming CPI)
Eurodollar University - June 13, 2024 11:00 - 18 minutesEurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months. Sign up below: https://event.webinarjam.com/channel/rates Walgreens is the latest Big Name to cut prices because Americans have run out of money. As the company's prices go down, th...
Did Europe Just Cut Rates to Rig the Election (is the fed next?!)
Eurodollar University - June 12, 2024 11:00 - 18 minutesLast week's ECB rate cut was...odd. Sure, officials had said for months they were going to do it. Yet, the conditions that would have to be met were not. Policymakers went ahead anyway and this past weekend's developments are a big Big Picture reason why. Eurodollar University's Money...
This Only Happens When We Are Currently in a Recession
Eurodollar University - June 11, 2024 11:00 - 19 minutesEurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months. Sign up below: https://event.webinarjam.com/channel/rates Consumer credit has historically been a solid recession signal, particularly how consumers alter their usage of credit card...
The New American Dream...
Eurodollar University - June 10, 2024 11:00 - 19 minutesRoaring Kitty is not the problem, nor is Gamestop the company and its stock. All are symptoms of a degraded model that increasingly rewards all the wrong behaviors. Stocks have become lottery tickets, the pie-in-the-sky way out for way too many Americans otherwise trapped in a real econ...
This Has NEVER Happened Before
Eurodollar University - June 09, 2024 16:36 - 17 minutesThis has never happened before. Sure, the payroll data and CPS series have diverged before but this is something entirely new. The fact that it runs contrary to decades of history makes our determination rather easy and simple: the labor market noose is tightening. Eurodollar Universi...
Related Eurodollar Topics