Eurodollar University

The podcast discusses the recent big move in interest rate swap spreads and their significance in understanding the euro dollar system. It explores the opaque world of the euro dollar system and its inner workings through yield curves, money curves, and interest rate swap spreads. The impact of dealer capacity constraints on swap spreads is explored, along with the concept of negative swap spreads and their implications for risk management. The podcast also highlights the importance of negative swap spreads and their potential spillover effects in the market.

The podcast discusses the current state of the repo market and the unusual decrease in the use of UST collateral. It emphasizes the role of collateral in the monetary system and the persistent issue of safe asset shortages. The consequences of accepting lower quality collateral and the increase in agency MBS usage in the repo market are also explored.

Explore the impact of Eurodollar cycles on Mexico's peso and how it defied expectations by surging against the global trend. Discover the economic effects of money flowing into Mexico, leading to a construction boom and near-shoring. Uncover the connection between the peso's changing fortunes and the disruption in the Eurodollar system.

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollar#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral #china #yuan The Chinese government is trying to the sell the world on its attempt at stabilizing China's economy. Of course, it easily finds willing buyers among Western media and audiences - some things never change. But the Chinese "stability" means something very different from "stability" as it is being described outside the country. People are being given an idea of recovery where there just isn't one. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollar#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral Eurodollar cycles are periods when crucial financial indications align in either one direction or the other. On the one side, it's reflation and better conditions in money and macro. The other, though, that's deflation and recession. If we find more than a few market prices and changes which align like the downside to eurodollar cycles, that's a powerful signal for which way the entire world is going to be heading - or continuing. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollar#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #jpmorgan JP Morgan's CEO Jamie Dimon says to prepare for higher interest rates. JP Morgan's asset management division says to prepare for lower interest rates. What? Trying to figure out which is why, and what fundamental values might actually determine future interest rate levels while looking to the US banking system for crucial clues. Beyond each side of JPM, of course. Eurodollar University's Money & Macro AnalysisBloomberg: Dimon Warns 7% Fed Rate Still Possible, Times of India Sayshttps://www.bloomberg.com/news/articles/2023-09-26/dimon-warns-world-may-not-be-prepared-for-fed-at-7-toi-lmzl7raoReuters: J.P. Morgan Asset Management bullish on Treasuries as Fed done with hikeshttps://www.reuters.com/article/usa-bonds-jp-morgan/j-p-morgan-asset-management-bullish-on-treasuries-as-fed-done-with-hikes-idINL8N3AQ5MUCNBC: Jamie Dimon cautions the 10-year Treasury yield could hit 5%: ‘It’s a higher probability than most people think’https://www.cnbc.com/2018/08/06/jp-morgans-jamie-dimon-cautions-10-year-treasury-note-rate-to-hit-5-percent.htmlTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollar#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #china #cny Latest data from China on lending and trade show Beijing's efforts at creating stability in currency, banking, and economy are not working. Loan growth was exceptionally weak especially for Chinese households meaning more trouble in real estate. The global trade recession keeps pressing on. First, some background about why this is so much more of an issue than strictly current macro conditions. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollar#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollarGasoline prices have plunged over the last two weeks, after having been moving lower since mid-August. That in itself is cause for concern though more so given how gas is now completely untethered to oil. All this suggests something big as far as demand goes and should the conflict in the Middle East grow worse and then manage to reconverge oil and gasoline at higher prices, look out. Eurodollar University's weekly conversation w/Steve Van MetreTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7

Special Announcement 🚨 For those wanting a deeper dive and actionable insights, join me for an exclusive webinar on October 20th. Secure your spot here:https://event.webinarjam.com/channel/eurodollarWhat if we found ourselves in a depression? What if that isn’t something new? Rate of change in economy goes down, rate of change in politics goes way up.Eurodollar University's Money & Macro AnalysisAlf Landon Acceptance Speechhttps://www.kshs.org/kansapedia/alfred-landon-s-acceptance-speech/14501FDR: Fireside Chat 12: On the Recessionhttps://millercenter.org/the-presidency/presidential-speeches/april-14-1938-fireside-chat-12-recessionChairman Ben S. Bernanke: Op-ed column for The Washington PostNovember 5, 2010https://www.federalreserve.gov/newsevents/other/o_bernanke20101105a.htmLarry Summers: U.S. Economic Prospects: Secular Stagnation, Hysteresis, and theZero Lower Boundhttps://larrysummers.com/wp-content/uploads/2014/06/NABE-speech-Lawrence-H.-Summers1.pdfTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#gfc2023 #1929 #greatdepression #money #inflation #economy #recession #credit

Discussion on China's ongoing economic challenges and their 31-point plan. Analysis of the impact on stock markets and currency stabilization efforts. Examination of recent developments including infrastructure projects and doubts about their effectiveness. Exploration of the lack of stimulus program and its global implications.