Eurodollar University How the “Storm of the Century” Could Break the U.S. Economy
9 snips
Jan 25, 2026 A massive Arctic blast and a historic natural gas price spike set the scene. Rising heating bills and depleted savings threaten household budgets. CEOs worry consumers are nearing a breaking point. Analysis highlights a two-speed economy, slipping real disposable income, and why markets may be ignoring Main Street strain.
AI Snips
Chapters
Transcript
Episode notes
Historic Gas Spike From Arctic Blast
- A massive Arctic blast has caused near-term natural gas futures to spike as much as 75% in five days.
- Jeff Snider explains this heating-demand shock will materially raise January bills that arrive in February.
Wedge Amplifies Regional Heating Demand
- The meteorological “wedge” or cold air damming will produce dangerous ice in the southern flank and heavy snow northward.
- That spatial mix increases heating demand unpredictably across a large share of the U.S.
Spot Prices Signal Short-Term Scarcity
- Spot Henry Hub jumped to $18.80 per million BTU versus $8.42 the previous day, showing extreme short-term scarcity.
- Higher spot prices imply much larger utility bills for many households next month.