Eurodollar University

I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare, you can sign up here:  https://event.webinarjam.com/register/27/l3k2rby6Stocks plunged, bond yields dropped, the R-word is now the common phrase in the media...Jay Powell says everything is just fine and dandy. Even the President is now cautioning the economy might be going through a "transition" and the markets more and more can't get away from it. Eurodollar University's Money & Macro AnalysisBloomberg Bond Market’s Trump Trade Is Looking Like a Recession Playhttps://www.bloomberg.com/news/articles/2025-03-09/the-bond-market-s-trump-trade-is-looking-like-a-recession-tradeBloomberg Treasuries Gain as Trump Transition Talk Fuels Recession Angsthttps://www.bloomberg.com/news/articles/2025-03-10/us-credit-risk-rises-as-tariffs-job-cuts-stoke-recession-fearsJay Powell in Chicagohttps://www.youtube.com/watch?v=e6pZzfv8AQENBC Dow falls nearly 900 points and Nasdaq dives 4% as stock selloff gathers steamhttps://www.nbcnews.com/business/markets/stocks-tank-trump-declines-dismiss-recession-risk-rcna195653https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare, you can sign up here  https://event.webinarjam.com/register/27/l3k2rby6Hot on the heels of the big drop in employment, global trade soared at the absolute wrong time and for all the wrong reasons. Both point to the same huge loss of economic momentum, now seen coming from places all over the world. China, Canada...even the USA. Eurodollar University's conversation w/Steve Van Metrehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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/Macy's is yet another with a warning on the economy just in time for the payroll numbers on February. They were a disaster if hardly anyone saw the true scale of it. Macy's might have a sense, as do other retailers. The data shows there really is big time trouble brewing in the jobs market.Eurodollar University's Money & Macro AnalysisSign up for our free March 24 webinar on the big emerging global trends: https://event.webinarjam.com/register/27/l3k2rby6WSJ Macy’s Expects Sales to Drop Again This Yearhttps://www.wsj.com/business/earnings/macys-q4-earnings-results-m-stock-d3da1b6aCNBC U.S. payroll growth totals 151,000 in February, less than expectedhttps://www.cnbc.com/2025/03/07/jobs-report-february-2025.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Sign up for our free March 24 webinar right here: https://event.webinarjam.com/register/27/l3k2rby6Another bazooka, this time from Germany, of all places. The mere thought of it has been enough to send the German bond market into a tailspin and sending yields to nearly their highest in fourteen years while also pulling other parts of the marketplace into it, too. Does the selloff signal inflation, success, or something else entirely? What are the implications for everyone else?Eurodollar University's Money & Macro AnalysisPolitico Germany moves to overhaul debt rules to unleash major defense spendinghttps://www.politico.eu/article/germany-unveils-e500-billion-defense-plan-as-security-threats-mount/Roberto Perotti What Do We Know about the Effects of Fiscal Policy?https://www.siepweb.it/siep/wp/wp-content/uploads/2021/03/1397925830013.pdfWilson, Daniel J.. 2012. "Fiscal Spending Jobs Multipliers: Evidence from the 2009 American Recovery and Reinvestment Act." American Economic Journal: Economic Policy, 4 (3): 251–82.https://www.aeaweb.org/articles/pdf/doi/10.1257/pol.4.3.251https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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/Target issued another warning on the economy and then joined Best Buy as merely the first to say they're raising prices. While that may sound inflationary, it's the opposite and will end up pushing interest rates even lower. Those are already happening in the market, in part as markets more confidently price how the Fed is going to have to follow along, too. Just like last summer. Eurodollar University's Money & Macro AnalysisBloomberg Target, Best Buy Warn US Consumers of Tariff Price Hikeshttps://www.bloomberg.com/news/articles/2025-03-04/target-sees-flat-sales-this-year-warns-of-risk-from-tariffsBloomberg Traders Pile Into Fed Rate-Cut Bets as Tariffs Roil Marketshttps://www.bloomberg.com/news/articles/2025-03-04/us-yield-curve-steepens-on-growth-angst-with-tariffs-now-realityAtlanta Fed GDPNowhttps://www.atlantafed.org/cqer/research/gdpnowhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Sales are plummeting at Mercedes-Benz, sparking fears of a broader economic downturn. The company’s plans for job cuts reflect a troubling trend in the luxury market, indicating that growth might be slipping away permanently. As bond yields fall and stock markets feel the heat, concerns mount over consumer confidence and rising costs in manufacturing. The signals are mixed, but the looming specter of recession is becoming harder to ignore.

Steve Van Metre, an expert in economic indicators and market trends, shares valuable insights on the current financial turmoil. The conversation highlights concerns over a resurging 'growth scare' impacting oil, stocks, and crypto. Van Metre discusses the troubling drop in GDP projections from the Atlanta Fed, leading to investor caution. Rising consumer fears and declining confidence are explored, as savings rates rise amidst economic uncertainties. It's a must-listen for anyone seeking to understand the shifting landscape of today's markets.

A new leader at the Reserve Bank of India is struggling to stabilize the rupee as India's dollar short position skyrockets to a record $77.5 billion. The country faces economic instability with GDP growth faltering and the dollar surging. Meanwhile, trends in other currencies, such as the declining Australian dollar, mirror these challenges, raising concerns about global economic repercussions. The discussion highlights the tangled web of monetary policy and currency dynamics shaping India's future.

European banks are surging into safety, buying the third most on record in January. At the same time, they scaled back activities in the real economy expecting further deterioration. Their behavior also backs up market pricing especially interest rates, while also exposing the fallacy behind them. Eurodollar University's Money & Macro AnalysisECB BLS Q4 2024https://www.ecb.europa.eu/stats/ecb_surveys/bank_lending_survey/html/ecb.blssurvey2024q4~e1ddae0f19.en.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

China is launching a substantial bank bailout, injecting over $55 billion into major banks amidst rising credit and liquidity crises. The podcast discusses the troubling state of China's banking system, characterized by bad loans and growing turmoil. Strategies for recapitalization are explored, alongside historical precedents for bailouts. Listeners will find insights into the complex financial landscape and the urgent need for intervention, raising questions about the effectiveness of these measures in addressing deeper economic challenges.