Eurodollar University

To watch the full interview you can access it with our deep dive or membership site https://www.eurodollar.universityThis conversation wasn’t just an inside account of LTCM and a recall of history at of those famous crossroads, Jim Rickards and Jeff ruminate over the implications from the affair which are still reverberating through time right up to this day. The struggles to contain the fallout from the debacle are every bit as relevant now as it was shocking way back then. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Jim Rickards Interview (1st Part)https://www.youtube.com/watch?v=NA4JH9S39wgFor memberships and subscriptions, there's a "secret" sale going on here:https://www.eurodollar.university/sales-page-1Chinese leadership ended 2023 on several ominous notes.  Economic and importantly financial data continues to defy expectations for a turnaround adding more evidence to the perilous situation. At the same time, the government is making more extreme political action, purging more top officials under the guise of "reform" when it is more likely the former is really driving the latter. Eurodollar University's Money & Macro AnalysisBloomberg  US Intelligence Shows Flawed China Missiles Led Xi to Purge Armyhttps://www.bloomberg.com/news/articles/2024-01-06/us-intelligence-shows-flawed-china-missiles-led-xi-jinping-to-purge-militaryXi Jinping's July Military meetinghttp://www.81.cn/yw_208727/16238925.htmlAxios China's military purge deepenshttps://www.axios.com/2023/12/31/xi-jinping-china-military-corruption-purgehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot

This podcast discusses the movement and implications of the yield curve, including bear and bull steepening cases. It analyzes recent yield curve movements and warning signs, examines evidence for bull steepening in the global economy, and discusses the impact of J. Powell's speeches on the bond market. Additionally, it explores historical instances of yield curve inversions and their implications for the economy.

Discussion on the fear of inflation returning, the relationship between interest rates and inflation, the flaws in popular inflation narratives, historical examples of supply shocks and their impact on consumer prices, and the bond market's response to the hot CPI and expectation of interest rate increase.

This podcast discusses the significance of repo fails in the global monetary system, emphasizing their potential to indicate severe strain. It explores the concept of repo fails and the role of securities lending in facilitating collateral flow. The chapter also delves into the reporting instructions for dealers and the reasons behind fails, highlighting the importance of monitoring these indicators. It further highlights how spikes in repo fails serve as key indicators of worsening economic conditions.

The recent bond rally - which may not be over - was one for the books. The 10-year US Treasury dropped nearly 120 bps off its yield in only 47 trading days. A move that big and that fast for the 10s had only happened six other times over the last three decades. We'll go over what that means and what it can tell us about where we go from here; bonds and everything else. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot #jobs #unemployment #employment

The podcast explores the recent surge in repo fails and the impact on swap spreads. It discusses the Treasury Department's cutback on collateral supply and its correlation with interest rates. Negative swap spreads signify deteriorating monetary conditions and increased demand for safety. The narrative of too many treasuries is debunked as the rising demand continues. The repo market failure is not just a bank arbitrage, but a broader issue affecting the monetary system.

Friday delivered labor market body blows to the soft landing's chances. Friday was filled with labor market data that isn't leaving us any gray area. The evidence continues to stack up and in more convincing fashion the US economy bonds were right. Eurodollar University's conversation w/Steve Van Metrehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot #jobs #unemployment #employment

Full interview with Mr. Milkshake, Brent Johnson, on eurodollar (not dollar) dominance:https://funnel.eurodollar.university/dollarWhile many cheered another payroll number, in reality the labor data were a complete trainwreck. The Household Survey's measure of employment plunged and full-time jobs crashed by an almost record amount during December. What's the meaning behind this bevy of increasingly grim numbers?Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot #jobs #unemployment #employment

Payrolls are positive. The unemployment rate is incredibly low. Stocks are soaring. What recession? Furthermore, we've been talking about one for so long it is more than understandable why people have tuned it out. But how could we know the recession call is wrong? It isn't just the continued lack of layoffs. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot #jobs #unemployment #employment