Podcasts about central banks

Our Head of Corporate Credit Research Andrew Sheets discusses why a potential start of monetary easing by the Federal Reserve might be a cause for concern for credit markets. Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley. Today – could interest rate cuts by the Fed unleash more corporate aggressiveness? It's Wednesday, August 27th at 2pm in London. Last week, the Fed chair, Jerome Powell hinted strongly that the Central Bank was set to cut interest rates at next month's meeting. While this outcome was the market's expectation, it was by no means a given.The Fed is tasked with keeping unemployment and inflation low. The US unemployment rate is low, but inflation is not only above the Fed's target, it's recently been trending in the wrong direction. And to bring inflation down the Fed would typically raise interest rates, not lower them. But that is not what the Fed appears likely to do; based importantly on a belief that these inflationary pressures are more temporary, while the job market may soon weaken. It is a tricky, unusual position for the Fed to be in, made even more unusual by what is going on around them. You see, the Fed tries to keep the economy in balance; neither too hot or too cold. And in this regard, its interest rate acts a bit like taps on a faucet. But there are other things besides this rate that also affect the temperature of the economic water. How easy is it to borrow money? Is the currency stronger or weaker? Are energy prices high or low? Is the equity market rising or falling? Collectively these measures are often referred to as financial conditions. And so, while it is unusual for the Federal Reserve to be lowering interest rates while inflation is above its target and moving higher, it's probably even more unusual for them to do so while these other governors of economic activity, these financial conditions are so accommodative. Equity valuations are high. Credit spreads are tight. Energy prices are low. The US dollar is weak. Bond yields have been going down, and the US government is running a large deficit. These are all dynamics that tend to heat the economy up. They are more hot water in our proverbial sink. Lowering interest rates could now raise that temperature further. For credit, this is mildly concerning, for two rather specific reasons. Credit is currently sitting with an outstanding year. And part of this good year has been because companies have generally been quite conservative, with merger activity modest and companies borrowing less than the governments against which they are commonly measured. All this moderation is a great thing for credit. But the backdrop I just described would appear to offer less moderation. If the Fed is going to add more accommodation into an already easy set of financial conditions, how long will companies really be able to resist the temptation to let the good times roll? Recently merger activity has started to pick up. And historically, this higher level of corporate aggressiveness can be good for shareholders. But it's often more challenging to lenders. But it's also possible that the Fed's caution is correct. That the US job market really is set to weaken further despite all of these other supportive tailwinds. And if this is the case, well, that also looks like less moderation. When the Fed has been cutting interest rates as the labor market weakens, these have often been some of the most challenging periods for credit, given the risk to the overall economy. So much now rests on the data what the Fed does and how even new Fed leadership next year could tip the balance. But after significant outperformance and with signs pointing to less moderation ahead, credit may now be set to lag its fixed income peers. Thank you as always for listening. If you find Thoughts to the Market useful, let us know by leaving a review wherever you listen. And also tell a friend or colleague about us today.

Consumer fears over jobs increased yet again in August, as did expectations for a recession. Relatedly, two separate sources confirmed housing prices in the US fell yet again in their latest monthly estimates. Related because the one is causing the other; fears over jobs that aren't strictly fears are reducing demand for homes and a whole lot more. Deep down, even Jay Powell knows it.Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------Jay Powell's August 2025 Jackson Hole speechhttps://www.federalreserve.gov/newsevents/speech/files/powell20250822.pdfConference Board August 2025 consumer confidence https://www.conference-board.org/topics/consumer-confidence/Bloomberg Weak US Housing Outlook Sends Australia's Reece Tumblinghttps://www.bloomberg.com/news/newsletters/2025-08-25/reece-tumbes-lithium-optimism-us-stocks-australia-briefinghttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

France's government is going to collapse again in a couple weeks. While everyone was distracted by trade wars, the underlying schism in politics remained unresolved. France is between a rock and a hard place, trying to fix its budget. Here's the thing: both the rock and the hard place are the same thing. Eurodollar University's Money and Macro AnalysisI'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!------------------------------------------------------------------------------------CNN France fears new political crisis after PM's confidence-vote gamblehttps://www.cnn.com/2025/08/25/europe/francois-bayrou-french-confidence-vote-intlCNBC ‘Our country is in danger': French PM takes confidence vote gamble over budget woeshttps://www.cnbc.com/2025/08/26/french-pm-takes-confidence-vote-gamble-over-budget-woes.htmlBloomberg France's Government Risks New Collapse, Weighing on Marketshttps://www.bloomberg.com/news/articles/2025-08-25/france-s-government-risks-another-collapse-weighing-on-marketsBloomberg French Political Crisis Dashes Hope of Business-Led Recoveryhttps://www.bloomberg.com/news/articles/2025-08-27/france-s-political-crisis-dashes-hopes-of-business-led-recoveryhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

Investors are worried that Donald Trump's attempted firing of a Federal Reserve governor could undermine faith in the world's most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukraine. Plus, French assets were hit on Tuesday as investors reacted to the prospect of a government collapse as soon as next month.Mentioned in this podcast:US long-term debt sells off after Trump's attempted firing of Fed governorUS offers air and intelligence support to postwar force in UkraineFrench assets hit by prospect of government collapseToday's FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Kelly Garry, Gavin Kallmann. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

It's the final episode of the summer season and with some key mayoral races coming up this fall, we're revisiting our conversation on inflation with Veronica Rappoport, a former official at the Central Bank of Argentina who had a front row seat to the country's inflation crisis.   Over the last couple U.S. election cycles, one policy idea to get inflation under control that is routinely floated is price caps. But history has shown time and time again that price caps do anything but reduce inflation. So why do policymakers still want to try it?In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with guest Veronica Rappoport, associate professor at London School of Economics and former 2nd Deputy Governor of the Central Bank of Argentina. Veronica served as the deputy governor during a key period of high inflation for Argentina. She chats with Jonathan and Jules about the circumstances that can lead to inflation rates as high as the ones Argentina has seen in the last 50 years, how band-aids like price caps can in fact make inflation significantly worse in the long run, and what lessons countries like the U.S. can take from Argentina's case.   Find All Else Equal on the web:  https://lauder.wharton.upenn.edu/allelse/All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert and former Cleveland Federal reserve President, to Loretta Mester.And in just a few hours' time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil, which Washington argues helps finance Moscow's war in Ukraine.Roger will be joined throughout the programme by two guests on opposite sides of the world - Andy Xie, an independent economist normally in Shanghai but currently in Kamamoto, Japan on holiday - and Takara Small, National Technology Columnist, CBC, in Toronto.

Home sales are down. Prices are falling. Inventories are rising. Record number of cancelations. And this is for July, not just a prime sales month in real estate, also three months after the events April. Stocks are soaring and trade deals have been struck. Where are all the buyers? Eurodollar University's Money & Macro Analysis------------------------------------------------------------------------------------I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!------------------------------------------------------------------------------------Redfin News Home Purchases Are Getting Canceled at a Record Ratehttps://www.redfin.com/news/home-purchase-cancellations-july-2025/Bloomberg US New-Home Sales Exceed Forecast Following Upward Revisionhttps://www.bloomberg.com/news/articles/2025-08-25/us-new-home-sales-exceed-forecast-following-upward-revisionBloomberg US Homebuilder Sentiment Retreats as Buyers Lack Motivationhttps://www.bloomberg.com/news/articles/2025-08-18/us-homebuilder-sentiment-retreats-as-buyers-lack-motivationNAR Existing-Home Sales Report Shows 2.0% Increase in Julyhttps://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-2-0-increase-in-julyhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert. And in just a few hours' time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil, which Washington argues helps finance Moscow's war in Ukraine.

AP correspondent Ben Thomas reports President Trump says he's firing a Federal Reserve governor.

She says she is not going to be pushed out of her job and will sue the Trump Administration to keep it.  This is the Business News Headlines for Tuesday the 26th day of August, thanks for listening. In other news, we'll take a deep dive into the independence of the Central Bank and why it matters. Low value imports will, on Friday lose their exemption to tariffs…and why that matters to you the consumer.  Your view of the economy, job opportunities and the future declined a bit in August and we'll share what you said. We've got the numbers from the Wall Street Report and Apple has set the date for its latest release of new product and improved devices.  Let's go! Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.

Treasury yields climb and the dollar falls as investors grow increasingly concerned about the US Federal Reserve's independence. Also in this edition: French Prime Minister François Bayrou's decision to call a confidence vote in his government sends markets into a tailspin. Plus, the UN postal agency says that 25 countries have decided to suspend package deliveries to the US. 

Overview: Tune into this week's episode of Launch Financial as all eyes are on the Federal Reserve board member removal from President Trump and the future of interest rate policy. A big week ahead for the tech space with Nvidia earnings reporting Wednesday. Email info@shermanwealth.com for inquiries or questions.  Show Notes:

Something has changed in China. Something big. Bank lending dropped sharply, more than it has. Fixed investment suddenly crashed. Retail sales contracted in a way China hasn't experienced since 2022's lockdowns. The usual economic and financial decay has been taken up a notch, if not two. So, naturally, Chinese stocks are soaring, one final negative signal. Yes, negative.Eurodollar University Money & Macro Analysis----------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: monetary-metals.com/snider----------------------------------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Contrarian investor and Cornell professor Dave Collum delivers one of his starkest warnings yet: the “everything bubble” has left markets more fragile than at any point in modern history, and the Fed can't save us this time. In this explosive interview with James Connor, Collum explains why he believes the S&P 500 could face a 70% correction, and why the next downturn won't be a quick “V-shaped recovery.”

There were several key points from Jay Powell's speech at Jackson Hole which everyone seems to have missed. The market picked up on them, however, with SOFR futures reacting by pushing its inversion deeper and further out, now early 2027. What Chair Powell meant under everything he said was he finally gets the big Beveridge risk.  Eurodollar University's conversation w/Steve Van Metre------------------------------------------------------------------------------------I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!------------------------------------------------------------------------------------Chair Powell's Jackson Hole Speechhttps://www.federalreserve.gov/newsevents/speech/files/powell20250822.pdfhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Jay Powell vs. Ronald McDonald? The FOMC yesterday published the minutes of its July meeting which showed a majority of officials believe inflation is the country's greatest threat. So, it was a huge shock when the world's biggest fast-food joint reported - ON THE SAME DAY - it was doing the opposite. Even the FOMC "majority" isn't as solid as it is made to appear, as the minutes also contained one observation that really does align with these real economy facts. Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here here: monetary-metals.com/snider----------------------------------------------------------------------------------------------------------FOMC Minutes for July 2025https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20250730.pdfFox Business McDonald's to slash combo meal prices to win back budget-conscious shoppershttps://www.foxbusiness.com/lifestyle/mcdonalds-slash-combo-meal-prices-win-back-budget-conscious-shoppersCNN McDonald's is cutting prices of its combo meals to convince customers it's affordable againhttps://www.cnn.com/2025/08/20/food/mcdonalds-combo-lower-pricesBloomberg Fed Chair Contender Bullard Backs 100 Basis Points of 2025 Cutshttps://www.bloomberg.com/news/articles/2025-08-21/fed-chair-contender-bullard-backs-100-basis-points-of-2025-cutsBloomberg US Stocks Extend Slide as Walmart Misses, Jobless Claims Risehttps://www.bloomberg.com/news/articles/2025-08-21/us-equity-futures-fall-as-walmart-misses-jobless-claims-risehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

England's NHS is in a ‘critical and deteriorating condition' - those are the words of Lord Darzi who investigated the state of the NHS for the new Labour government last year. In response, Starmer unveiled a ten year plan to fix it focusing on delivering three big shifts in healthcare: hospital to community; analogue to digital; sickness to prevention but is it too little, too late, or is the problem just too big to fix?In this week's special episode, host George Parker is joined by our global health editor, Sarah Neville, deputy comment editor Miranda Green and FT economics commentator, Chris Giles, author of the weekly newsletter on Central Banks. Together they discuss some of the key problems facing the UK's healthcare system, its financial situation and why it matters so much to both the public and politicians.Follow: George on Bluesky @georgewparker.bsky.social or X @GeorgeWParker; Sarah Neville @SarahNev; Chris Giles @ChrisGiles; and Miranda Green @greenmirandaSign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOffer What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Will the NHS 10-year plan fix England's crumbling health service?The future of the NHSWes Streeting says ‘jury is out' over pay deal for doctors as talks continueOne in five UK doctors are considering quitting, regulator warnsMiranda's column - Ask Green: Is laughter the best medicine?CLIPS: BFIBBCSky NewsPresented by George Parker, and produced by Clare Williamson. The executive producer is Flo Phillips. Original music and mix by Breen Turner. Manuela Saragosa is the acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Joe Brusuelas kicks off Morning Movers with a deep dive into the Federal Reserve ahead of Chairman Jerome Powell's highly-anticipated Jackson Hole speech. He says one theme that could arise from his address includes a symmetrical targeting around the Fed's dual mandate: price stability and maximum employment. Additionally, Joe believes the independence of the central bank will be another key theme heard from Powell.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/.Target suffered another quarterly drop in sales. And the reason why was given by the CEO of Home Depot commenting on his own company's struggles. Laying down some truth, for once, these big retailers are adding more color and confirmation to why the market keeps betting more forcefully for the September Fed 50. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

A brand-new report just uncovered a disturbing plan by "the central bank of central banks" to quietly attack Bitcoin. From shadow regulations to backdoor influence, this could be the biggest coordinated threat BTC has ever faced—and no one is talking about it.Looking to learn HOW to properly use Bitcoin? Start on our free LEARN page. Curated step-by-step tutorial videos walking through the most important Bitcoin skills.https://www.btcsessions.ca/learnBOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/—------------------------------FOLLOW BTC Sessions on X: x.com/BTCsessions—------------------------------SHOW SPONSORS:BITCOIN WELL BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://store.coinkite.com/promo/BTCSessions AQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCpCRYPTOCLOAKShttps://qrco.de/bg5Dvo#btc #bitcoin #crypto

Tomorrow will be a very important day for many people.  Why?  Fed Chair Jerome Powell will speak and the rate question is front and center. This is the Business News Headlines for Thursday the 21st day of August, thanks for listening! In other news a Central Bank governor said she is not letting Trump dictate her service. Flight attendants in the US are as angry as they are in Canada…but here they are unlikely to strike and why. Walmart released its quarterly earnings and the company isn't letting tariffs impact them.  Target has named an Iowan and 20 year insider as their new CEO. We'll check the numbers in the Wall Street Report and companies are reporting they are going to higher fewer workers and that could be a problem.  Ready?  Let's go! Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/Corporate credit is filled with what appear to be contradictions, with some spread categories tumbling to their lowest levels since the late nineties. Yet, delinquencies and risks are rising and doing so in a way everyone is recognizing. So, why the complacency? It's a combination of several critical - perhaps killer - factors that tie in to commercial real estate. We have some related updates on that are, too. Eurodollar University's Money and Macro AnalysisBloomberg US Corporate Bond Spreads Sink to 27-Year Low as ‘FOMO' Sets Inhttps://www.bloomberg.com/news/articles/2025-08-15/us-corporate-bond-spreads-sink-to-27-year-low-as-fomo-sets-in

In this episode of the Risk Reversal Podcast, Gu Adami converses with Peter Boockvar, CIO of OnePoint BFG Wealth Partners, about the implications of the upcoming Jackson Hole Fed Gala and the rhetoric surrounding the Fed's policies. They discuss the market-moving potential of Fed commentary and the impact of tariffs on inflation, focusing on the long-term effects on supply chains and prices, particularly in the auto and real estate sectors. Additionally, they delve into the global rise in interest rates, particularly in Japan and Europe, and how it impacts US markets. The conversation also touches on the evolving AI landscape, including the implications for corporate spending on AI-driven productivity tools, and competitive pressures from Chinese tech firms. The discussion wraps up with an analysis of the upcoming earnings reports from major retailers and their ability to manage price elasticity amid tariff pressures. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/It's gotten so bad that serious Wall Street commentators are openly talking about yield curve control for Treasuries - just like they did four years ago. Yet, YCC never happened for the same reason it won't happen today. While the same people calling for the Fed to buy bonds in order to stabilize interest rates say this is needed because foreigners are ditching USTs and the dollar, the latest data shows the opposite is happening. Again.This video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Donald Trump has laid the groundwork to become one of the wealthiest people on the planet by personally making money from every dollar printed in the United States. And the worse the economy gets, the more money he stands to make. The House has already passed three crypto bills that would make this potential a reality by allowing the Trump family to control the global stablecoin market. Now it’s up to the Senate. It’s a wild story that the media won’t report on because they don’t get it. But some very powerful people have figured it out and now the race is on to stop Trump from becoming the shadow central banker to the world. Chapters Intro: 00:00:35 Chapter One: Bitcoin and Burgers. 00:01:17 Chapter Two: The Stablecoin Genius. 00:07:15 Chapter Three: FIAT. 00:12:40 Chapter Four: Crypto Fasist. 00:17:34 Chapter Five: Looting the Treasury. 00:28:53 Chapter Six: 00:38:59 Resources Sign the Petition To Stop the Senate From Passing These Bills Stablecoin Resources The Coin Republic: Tether Leads Crypto Revenue Chart With $87M Weekly Fees Corporate Finance Institute: Tether Cointelegraph: Tether made $5.2B in 2024: Here’s how stablecoins make money Onchain: How Businesses Generate Revenue With Stablecoins Webisoft: How Do Stablecoins Make Money? [The Crypto Finance] Binance: How Do Stable Coin Issuers Make Money? Gemini: What Is USDC? How Does It Work? White Paper: SoK: Stablecoin Designs, Risks, and the Stablecoin LEGO White Paper: Stablecoins: Fundamentals, Emerging Issues, and Open Challenges White Paper: Hybrid Monetary Ecosystems: Integrating Stablecoins and Fiat in the Future of Currency Systems Federal Reserve Bank of Kansas City: Stablecoins Could Increase Treasury Demand, but Only by Reducing Demand for Other Assets Bitbo: Stablecoin Issuers Now Hold $182B in US Treasuries Bitstamp: What is Circle? Regulation and Legislation Resources Federal Reserve: Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities Yahoo Finance: Trump signs stablecoin bill into law, capping string of ‘Crypto Week’ victories Associated Press: Senate passes crypto regulations, sends to House without addressing Trump’s investments Congress: S.394 - GENIUS Act of 2025 Congress: H.R.3633 - Digital Asset Market Clarity Act of 2025 Congress: H.R.1919 - Anti-CBDC Surveillance State Act Politico: Crypto industry amasses colossal war chest for elections Public Citizen: Big Crypto, Big Spending: Crypto Corporations Spend an Unprecedented $119 Million Influencing Elections AInvest: Senator Gillibrand’s $217,000 Crypto Donations Fuel GENIUS Act Debate ETF Trends: Corporate Crypto Adoption Trends Remain Encouraging Trump & Crypto Resources Bloomberg: Binance Aided Trump Crypto Firm Before Founder CZ Sought Pardon Binance Academy: What Is World Liberty Financial USD (USD1)? American Bazaar: World Liberty Financial, tied to Trump, grows ETH holdings to $275 million BingX: What Is USD1 Stablecoin Launched by the World Liberty Financial (WLFI)? MEXC: What is USD1? Complete Guide to World Liberty Financial’s Revolutionary Stablecoin Common Dreams: How GOP’s Crypto Bills Would Benefit Trump and His Family New York Times: What to Know About the Three Crypto Regulation Bills in Congress NPR: A ‘Crypto Week’ win: Congress passes 1st major crypto legislation in the U.S. TOKEN2049: A Fireside Chat with Eric Trump and World Liberty Financial Wall Street Journal: The Recipe Behind the Trump Family’s Crypto Riches: PancakeSwap BusinessWire: ALT5 Sigma Corporation Announces $1.5 Billion Registered Direct Offering and Concurrent Private Placement to Initiate World Liberty Financial $WLFI Treasury Strategy Reuters: Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance, co-founder says Definitional Resources Brookings: What are stablecoins, and how are they regulated? The Block: What are the advantages and disadvantages of stablecoins? Binance: Stablecoins vs. Fiat Money: Why are they a good option? Polkadot: CBDCs vs. Stablecoin: Competing visions for digital currency Fireblocks: State of Stablecoins 2025 International Resources Atlantic Council: Central bank digital currencies versus stablecoins: Divergent EU and US perspectives Reuters: Crypto firm Tether and its founders finalizing move to El Salvador BIS: The next-generation monetary and financial system UNFTR Resources The Global Order of Money. Video: Trump's Crypto Scheme MUST Be Stopped -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!Last month was Amazon Prime "Day" - now four - and after it was over the whole thing just disappeared down a memory hole. Why? Ask the boxes. What box-makers are reporting is getting to be disturbing. No wonder with the latest on consumer sentiment, consumer goods production, and consumer spending hanging by a tariff-distorted thread.Eurodollar University's Money & Macro AnalysisAmazon Prime https://www.aboutamazon.com/news/retail/prime-day-2025-recapRetail Dive Amazon once again touts ‘record' Prime Day saleshttps://www.retaildive.com/news/amazon-prime-day-2025-record-sales/753034/Bloomberg What Declining Cardboard Box Sales Tell Us About the US Economyhttps://www.bloomberg.com/news/articles/2025-08-14/cardboard-box-sales-fall-in-worrying-sign-for-us-retailUofM August 2025 Consumer Sentimenthttps://www.sca.isr.umich.edu/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/HSBC reported shocking results regarding its Hong Kong real estate loans further establishing the proportions of the credit crisis underway there. The news was, however, in line with recent developments in the city, among its banks, and with their Chinese counterparts. The reason was simple enough: all of them are suffering from the same fatal flow which the world, not just SE Asia, is in the middle of paying for. Eurodollar University's Money & Macro AnalysisReuters HSBC profit tumbles as China losses mounthttps://www.reuters.com/business/finance/hsbc-profit-tumbles-china-losses-mount-2025-07-30/Guardian https://slguardian.org/hsbc-flags-73-of-hong-kong-commercial-property-loans-as-risky-amid-market-slump/Bloomberg Hong Kong's Economy Has Two Gravity-Defying Puzzleshttps://www.bloomberg.com/opinion/articles/2025-08-11/hong-kong-interest-rates-and-housing-market-are-puzzlesBloomberg Hong Kong Property Woes Persist Despite Banks' Vote of Confidencehttps://www.bloomberg.com/news/newsletters/2025-07-01/hong-kong-property-woes-persist-despite-banks-vote-of-confidencehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUhttps://youtu.be/gY3Wge-v1sI

In this episode of the Bitcoin for Corporations Show, Pierre Rochard and Spencer Nichols unpack Strategy's Q2 earnings: FASB's mark-to-market EPS, perpetual preferreds (“stretch/stride/strike/strife”), ATM/MAV guidance, and the idea that Strategy could scale from ~4% to ~8% of outstanding bitcoin. They also dig into bitcoin-as-collateral, reflexivity, and treasury risk management.

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!Oil tumbled today nearing its multi-year low as a massive supply glut hangs over the marketplace. But it's not supply where the glut is coming from. Meanwhile, rates also tumble as everyone - even the media - is getting ready for a September fifty out of the FOMC. In fact, these and the rest of the evidence are all the same thing, different sides of the same crude coin. Eurodollar University's Money & Macro AnalysisBloomberg Global Oil Markets Face Record Supply Glut Next Year, IEA Sayshttps://www.bloomberg.com/news/articles/2025-08-13/global-oil-markets-face-record-supply-glut-next-year-iea-saysIEA August 2025https://www.iea.org/reports/oil-market-report-august-2025Bloomberg Bets on Outsize Fed Cut Gain Steam as CPI Data Backs Doveshttps://www.bloomberg.com/news/articles/2025-08-12/bets-on-outsize-fed-cut-gain-steam-as-inflation-data-backs-dovesBloomberg CPI Report Boosts Market Bets on Larger September Fed Rate Cuthttps://www.bloomberg.com/news/articles/2025-08-13/bets-on-outsize-fed-cut-gain-steam-as-cpi-data-backs-dovesBloomberg Bessent Urges Fed to Lower Rates by 150 Basis Points or Morehttps://www.bloomberg.com/news/articles/2025-08-13/bessent-says-rates-should-likely-be-150-175-basis-points-lowerhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!The macro situation is worse this summer compared to last summer, so where's Japan's carry trade? If the July 2024 jobs report provoked a violent financial backlash, you'd think the July 2025 version would have, too. The fact it didn't points to several key developments, important warnings from JPY and JGBs. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

An independent central bank is the key to providing credibility to its monetary policy choices; credibility which anchors inflation expectations and allows a central bank to manage the demand-side of the economy and meet its mandate. In this episode of All the Credit®, we highlight the importance of central bank independence, discussing its significance, potential threats, and the implications of political interference—particularly in the context of the U.S. Federal Reserve. PGIM's Tom Porcelli, Deputy Head of Global Economics and Chief U.S. Economist, hosts this discussion with Daleep Singh, Vice Chair and Chief Global Economist, and Katharine Neiss, PhD, Deputy Head of Global Economics and Chief European Economist. Recorded on August 5, 2025.

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!Both McDonald's and Wendy's reported this past week that more Americans are skipping breakfast, not for some health fad but increasingly harsh economic circumstances. That view was further corroborated by the Fed which showed credit card usage fell again for the second straight time, a critical cyclical signal confirming the swing in the consumer economy. So, another Fed official tilts toward rate cuts. Eurodollar University's Money & Macro AnalysisBloomberg Fast-Food Breakfast Sales Fade as Diners Eat at Home, Skip Mealshttps://www.bloomberg.com/news/articles/2025-08-08/fast-food-breakfast-sales-fade-as-diners-eat-at-home-skip-mealsReuters Fed's Musalem: There are risks now to both the inflation and jobs goalshttps://www.reuters.com/business/feds-musalem-there-are-risks-now-both-inflation-jobs-goals-2025-08-08/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

“It's a unique bull market… a kind of bull market we've never seen before,” says Brien Lundin, editor of Gold Newsletter and host of the legendary New Orleans Investment Conference, in this exclusive sit-down with Daniela Cambone. “It's been driven largely by central bank buying… Western investors have just been standing on the sidelines aghast.” Lundin also warns that America's massive debt will force negative real interest rates — a scenario he calls “incredibly bullish for precious metals.” On silver, he remains firmly optimistic, predicting the precious metal will hit $40 next, with “little technical resistance before $50.”✅ FREE RESOURCESDownload the Ultimate Decision-Making Guide on Gold & Silver plus Daniela Cambone's Top 10 Lessons to safeguard your wealth (FREE)

Why Central Banks Are Eyeing A Gold Revaluation As the governments around the globe continue to run up their debt tabs, they usually have very little to say about how those ultimately gets repaid. But when you look at the money flows, especially with the central banks, the signs are there that they are eyeing a gold revaluation. Vince Lanci explains more in today's show, and to make sure you're seeing the signs, click to watch the video now! - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/The July jobs report has sparked an overdue reexamination of a bunch of "truths" everyone has simply take for granted: inflation is the biggest risk, bonds are being rejected because of debt, etc. Goldman Sachs finally decided to check that actual yield curve and was utterly shocked to find zero interest rates all over it. Eurodollar University's conversation w/Steve Van MetreBloomberg Goldman Sachs Says US Yield-Curve Shape Looks Like Zero-Rate Erahttps://www.bloomberg.com/news/articles/2025-08-06/goldman-sachs-says-us-yield-curve-shape-looks-like-zero-rate-erahttps://www.eurodollar.universityTwitter/X: https://x.com/JeffSnider_EDU

Newt talks with David Bahnsen, founder and chief investment officer of The Bahnsen Group, about the importance of balancing the federal budget and addressing the national debt, which is nearly $37 trillion. He reflects on his past success in balancing the budget as Speaker of the House in the 1990s and emphasizes the need for fiscal responsibility. Bahnsen shares his nuanced views on the Federal Reserve's role in setting interest rates, arguing against the need for a Central Bank to set the price of money. Bahnsen critiques the current monetary policy and the impact of tariffs on the economy, expressing concerns about the effects on small businesses and advocating for pro-growth policies. Their conversation also touches on the challenges of entitlement reform, the impact of foreign investment, and the need for effective communication in political discourse. Bahnsen's Dividend Café newsletter offers insights into market trends and economic perspectives, aiming to provide objective advice for investors.See omnystudio.com/listener for privacy information.

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!This had never happened before, an unprecedented vote for the Bank of England's Monetary Policy Committee. Despite it, the Pringles can remains undeterred since this is what rate cutting cycles are. The destination remains the same and another drop in employment in the UK as well as France further proves it. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

Donald Trump has nominated Stephen Miran to fill a soon-to-be vacant seat on the Federal Reserve's board of governors, and the Bank of England lowered rates by a quarter per cent in a close vote. Plus Europe's weapons factories are expanding fast and US President Donald Trump threatens a 100 per cent tariff on chips excluding Apple. Mentioned in this podcast:https://www.ft.com/content/298bf95e-49ec-4d9f-8948-b7f72cf4ffddBoE cuts rates with a hawkish shift in its outlookEurope builds for war as arms factories expand at triple speedDonald Trump threatens 100% tariff on chips but with carve-out for AppleSign up here for the Chris Giles on Central Banks newsletter.Today's FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Sam Giovinco, Gavin Kallmann and David da Silva. The FT's acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!Everything continues to point directly toward much lower rates, including what is setting up to be a repeat of last summer. As Steve and I said a few days ago in the wake of the unambiguously bad jobs report, watch the market and the Fed speakers this week. It's been only two days and they're doing just what we thought they would, putting the FOMC back on the road swaps paved for a fifty in September. Eurodollar University's Money & Macro AnalysisReuters Exclusive: Fed's Daly says time is nearing for rate cuts, may need more than twohttps://www.reuters.com/business/feds-daly-says-time-is-nearing-rate-cuts-may-need-more-than-two-2025-08-04/Dow Jones Kashkari leans toward rate cut as concerns about an economic slowdown grow at the Fedhttps://www.morningstar.com/news/marketwatch/20250806162/kashkari-leans-toward-rate-cut-as-concerns-about-an-economic-slowdown-grow-at-the-fedBloomberg Fed's Kashkari Says Rate Cut May Be Appropriate in Near Termhttps://www.bloomberg.com/news/articles/2025-08-06/fed-s-kashkari-says-rate-cut-may-be-appropriate-in-near-termBloomberg Bets on Fed Rate Cuts Are Sweeping Through US Bond Markethttps://www.bloomberg.com/news/articles/2025-08-05/bets-on-fed-rate-cuts-are-sweeping-through-the-us-bond-marketBloomberg Trump Says He Will Decide on Fed Governor Before End of the Weekhttps://www.bloomberg.com/news/articles/2025-08-05/trump-says-he-will-decide-on-fed-governor-before-end-of-the-weekhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.

President Trump has nominated a White House economist to a position with the U.S. Central Bank. That story kicks us off on this the 7th day of August and the first day of the Iowa State Fair. Thanks for listening.  In other news, yet another executive order this time the president is going after…banks and we'll share why. A popular mall destination for teens has filed for bankruptcy. The EPA has done away with a 7 billion dollar grant program for low income individuals. We've got some positive news for potential home buyers…think interest rates. The number of people filing for jobless benefits rose a bit.  We've got the Wall Street Report and unions are no longer welcome at VA facilities.  Let's go… Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.

The Federal Reserve reported a record increase in student loan delinquencies to go with high rates of souring household loans in credit cards and auto lending. The distress is another confirmation of macro deterioration starting with jobs and incomes. And that's just what the latest major economic release on US services showed today -- another alarming drop for employment. Eurodollar University's Money & Macro Analysis*****EDU's One Big Weekly Thinghttps://eurodollaruniversity.substack.com/*****https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Huge moves at the front part of the interest rate curve. Bills did something we haven't seen since April. Meanwhile, forward rates reacted to Friday's payroll numbers with crisis-level hedging and then held those prices today. Why? Simple: payrolls were the last of it. Eurodollar University's Money & Macro Analysis*****With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/*****Bloomberg Job Market Healthy Despite ‘Disappointing' Report, Fed's Hammack Sayshttps://www.bloomberg.com/news/articles/2025-08-01/fed-s-hammack-says-job-market-healthy-despite-disappointing-datahttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe's mightiest financial force! From its 1694 origins to battling today's debt and inequality crises, we break down why central banks are crucial and what chaos could unfold if the Fed disappears. Will this rock the global economy, or is it just political hot air? Learn more about your ad choices. Visit megaphone.fm/adchoices

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/After a crazy week with everything else going on, copper's historic plunge almost flew under everyone's radar. But now with copper prices getting beyond tariff distortions, settling back in to the fundamentals revealed a shocking development - one that absolutely fits with everything else for the week, especially the payroll disaster. Eurodollar University's weekly conversation w/Steve Van Metrehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Thanks for modern Keynesian economics, most people believe money gains its value from the government that issues it. Money's value, however, is historically tied to the value of the commodity from which money was derived.Original article: https://mises.org/mises-wire/how-does-money-acquire-its-value

*****To sign up and get started with GlintPay, go to glintpay.com and make sure to use the code SNIDER.*****The dollar is surging again. And while it's primary the euro taking the other side, just as importantly, if not more importantly, currencies like the rupee are tanking worse. INR hit another record low and that along with the euro's sharp reverse is a canary singing in the eurodollar coalmine...perhaps gasping. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

With Monetary Metals, you don't just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownershipYou can learn more here  http://www.monetary-metals.com/Snider/******Eurodollar University's One Big Thing Weeklyhttps://eurodollaruniversity.substack.com/Eurodollar University's Anniversary Salehttps://www.eurodollar.university/sale******Housing prices slid even farther in May, echoing previous data which has shown material weakness all across US real estate markets. The source of this downturn in housing isn't interest rates whatsoever. The rest of the days data showed instead where this is really coming from, starting with some truly grim results where it counts the most: hiring. Eurodollar University's Money & Macro AnalysisBloomberg US Housing Market Posts Worst Spring Selling Season in 13 Yearshttps://www.bloomberg.com/news/articles/2025-07-28/us-real-estate-market-high-prices-mortgage-rates-hamper-spring-home-sellingBloomberg US Job Openings Fall to 7.44 Million After Back-to-Back Jumpshttps://www.bloomberg.com/news/articles/2025-07-29/us-job-openings-fall-to-7-44-million-after-back-to-back-jumpsBloomberg Even Top Earners Are Falling Behind on Credit Card and Car Paymentshttps://www.bloomberg.com/news/articles/2025-07-29/credit-cards-car-loans-see-defaults-from-high-earners-in-hit-to-economyConference Board Consumer Confidence July 2025https://www.conference-board.org/topics/consumer-confidence/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

WarRoom Battleground EP 817: Suspicion Of Central Banks: A Review With Judy Shelton