Podcast appearances and mentions of jeff snider

Swiss central bankers are being forced to choose between negative interest rates and negative consumer prices by the increasingly negative direction of the globally synchronized system. On a monthly basis, Switzerland's CPI declined in November for the fourth straight month as the country tries to work through contractions in output and a small but noticeable rise in unemployment. This all should sound familiar because, again, globally synchronized.   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------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------EDU's Webinar SeriesThursday December 17, 6pm ETA Trillion-Dollar Eurodollar Bomb is going Off on Wall StreetThe most important funding system in the world is flashing warning signals, and almost no one is paying attention.https://event.webinarjam.com/m9wym/register/n0rnxu7n---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

There is a debate raging on Wall Street and across the markets about what's happening in private credit right now and what that might mean moving forward. We've gotten past the initial shock, the Tricolor and First Brands fiascos, the first round of hedge fund redemptions, so now what? Well, to begin with, there's what banks are doing right now and then there are warnings still coming in from key players across the industry.  Eurodollar University's Money & Macro AnalysisIf you're a serious investor and want to capitalize on what the monetary system is signaling right now, join me at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To get your spot, just go here: https://eurodollar-university.com/event-home-pageBloomberg Private Credit Woes Should Put Banks on Noticehttps://www.bloomberg.com/opinion/articles/2025-12-05/banks-need-shoring-up-against-private-credit-risksBloomberg Private Credit ‘Hysteria' Will Get Very Real Next Yearhttps://www.bloomberg.com/opinion/articles/2025-12-01/private-credit-risk-apollo-ceo-hysteria-claim-is-not-totally-rightBloomberg Private Credit's Sketchy Marks Get Warning Shot From Wall Street's Top Cophttps://www.bloomberg.com/news/articles/2025-11-25/private-credit-s-sketchy-marks-get-warning-shot-from-wall-street-s-top-copBloomberg Private Credit on Defensive Again Over ‘Mark-to-Myth' Studyhttps://www.bloomberg.com/news/articles/2025-10-16/private-credit-on-the-defensive-again-over-mark-to-myth-studyhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The most important funding system in the world is flashing warning signals. Most people won't notice until it's too late.I'm hosting a free webinar to break down what's happening and what it means for your portfolio.  https://event.webinarjam.com/channel/risks--------------------------------------------------------------------------------Automotive insurance claims are estimated to have dropped around 9% so far this year. That sounds like a good thing, but it's an ominous sign. There haven't been fewer car accidents, instead more people just can't afford car insurance. Just recently, Gallup found at its midseason Christmas update, holiday shopping plans plummeted by a record amount. More than during late 2008. Why? Same reason people aren't buying car insurance. There are no jobs and not nearly enough income.  Eurodollar University's Money & Macro AnalysisGallup Economic Confidence Slips; Holiday Spending Plans Plummethttps://news.gallup.com/poll/699311/economic-confidence-slips-holiday-spending-plans-plummet.aspxBloomberg More Americans Are Skipping Car Insurance to Save Moneyhttps://www.bloomberg.com/news/newsletters/2025-12-05/more-americans-are-skipping-car-insurance-to-save-moneyhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The yen has made a huge move over the past seven months and no one can figure out why. According to every mainstream economic theory, JPY should be soaring not sinking. It's got the government in Tokyo hollering about currency intervention claiming there is no fundamental reason for the yen's plight. Except, there is and we just got more confirmation as household spending there utterly plunged in September and October. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------EDU's Webinar SeriesThursday December 17, 6pm ETA Trillion-Dollar Eurodollar Bomb is going Off on Wall StreetThe most important funding system in the world is flashing warning signals, and almost no one is paying attention.https://event.webinarjam.com/m9wym/register/n0rnxu7n---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

After weeks of speculation, back and forth over bad theories on inflation and what seemed to be a steady stream of hawk-sounding Fed policymakers, the market has spoken. We know right now what the FOMC is going to do next Wednesday. But what comes after that is still somewhat up in the air, though not nearly as much as you might think given all the noise recently.  Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------EDU's Webinar SeriesThursday December 17, 6pm ETA Trillion-Dollar Eurodollar Bomb is going Off on Wall StreetThe most important funding system in the world is flashing warning signals, and almost no one is paying attention.https://event.webinarjam.com/m9wym/register/n0rnxu7n---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

November now makes three of the last four months and four of the last six with negative private payrolls. According to ADP, the US private economy shed 32k jobs last month, the most yet in the cycle. And it turns the 6m average negative for the first time, so serious problems in labor – which are creating bigger ones in the housing market. According to the latest official numbers from the government, home prices fell for the fourth time in the last five months and that brought the annual rate of change down to the lowest since February 2012. Yes, February 2012, the bottom of the housing bust. 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--------------------------------------------------------------------------------------------------------------------Federal Reserve Beige Book November 2025https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20251126.pdfBloomberg A Historic Housing Disconnect Is Forcing Prices Downhttps://www.bloomberg.com/opinion/articles/2025-12-01/a-housing-disconnect-points-to-lower-priceshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Jeff Snider and Kevin Skinner react to the news of Miguel Rojas re-signing with the Los Angeles Dodgers. What's next for LA on the hot stove ahead of the winter meetings? Plus the 2025 grades series continues with the outfield! How do Andy Pages, Teoscar Hernandez, and old friend Michael Conforto stack up? Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! = (562)373-4095 #Dodgers Please consider supporting the show on Patreon! ️ https://patreon.com/realFRG Or support on YouTube Members! ️ https://youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Please like and subscribe on YouTube! Hit that notification bell to get alerts on new content! PODCAST: Listen on BLEAV! ️ https://bit.ly/adbleav Listen on iTunes! ️ https://apple.co/3TXL8Vv Listen on Spotify! ️ http://bit.ly/3I9nW2S Listen on iHeart! ️ https://ihr.fm/3TXV5Cy SOCIAL: Follow Clint on Twitter/X ️ twitter.com/realFRG Follow Clint on Instagram ️instagram.com/realfrg Follow Jeff on Twitter/X ️ twitter.com/snidog Follow Kevin on Twitter/X ️twitter.com/skinner7kevin Follow the show on Twitter/X ️ twitter.com/alldodgersla Follow the show on Instagram ️ instagram.com/alldodgerspod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Patrick Bet-David, Tom Ellsworth and Brandon Aceto are joined by  @eurodollaruniversity 's Jeff Snider as they break down Governor Tim Walz being probed over the Minneapolis fraud scandal, Costco suing Donald Trump over tariff refunds, Odell Beckham's $100 million problem, and Zohran Mamdani & Bernie Sanders leading protests against Starbucks.------

Consumer products giant Proctor & Gamble just came out with an unusual warning about its core business, consumer products meaning consumers. The maker of Tide detergent, Mr. Clean, Pampers, Gilette and whole bunch of other brands you use every single day just said that sales were down “significantly” in October and that it likely continued right on through November. This tracks with where Christmas holiday shopping has been so far with Black Friday and Cyber Monday.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---------------------------------------------------------------------------------------------------------------------Bloomberg P&G Warns US Sales Down ‘Significantly' Entering Current Quarterhttps://www.bloomberg.com/news/articles/2025-12-02/p-g-warns-us-sales-down-significantly-entering-current-quarterBloomberg Cyber Monday Spending Pace Lags Black Friday for Second Yearhttps://www.bloomberg.com/news/articles/2025-12-02/cyber-monday-online-spending-in-us-increases-7-1CNN You're paying more for less this shopping season. Now there's proofhttps://www.cnn.com/2025/12/01/business/black-friday-shoppers-holiday-seasonhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

December begins with a decided risk-off mood in financial markets, led by more painful liquidations in crypto. Bitcoin starts off the month with a nearly 7% drop to what would be a new recent low. Why? Economic woes continue to dominate concerns. Starting with Chicago, ISM's regional business barometer put up its largest single month decline in new orders in more than two years. Backlogs crashed by nearly 22 points to the lowest since March 2009. Its employment index fell to the worst since May 2009, with not a single respondent saying it had increased employment last month. 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------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Eurodollar University's AFTER BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------ISM Chicago Business Barometer November 2025https://drive.google.com/file/d/1N7xXT_P4Z_g7u0dJYI_kOYkSk1fcvLcQ/viewISM Manufacturing November 2025https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/pmi/november/S&P Global Press Releaseshttps://www.pmi.spglobal.com/public/release/pressreleasesBloomberg Small Businesses Turn to Lending Startups as Tariff Costs Mounthttps://www.bloomberg.com/news/articles/2025-09-15/tariffs-drive-small-importers-to-costly-loans-as-lending-startups-surgeBloomberg First Brands' Blowup Puts Trade Finance in Spotlighthttps://www.bloomberg.com/news/newsletters/2025-10-19/first-brands-blowup-puts-trade-finance-in-spotlight-jnj-jpm-ubs-jefhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Clint Pasillas and Jeff Snider fill the dull point of the offseason by looking back and grading the 2025 Los Angeles Dodgers. First up, Mookie Betts, Freddie Freeman, Will Smith, and the infield. But first, top free agent closer Devin Williams is off the market after reportedly agreeing to a multi-year deal with the Mets. What does it mean for the Dodgers' offseason plan? Clint and Jeff discuss. Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! (562)373-4095 Please consider supporting the show on Patreon! patreon.com/realFRG Or support on YouTube Members! ️youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

HP becomes the latest big name to announce major layoffs, said to be around 6000 more white collar jobs. It's getting to the point where despite all the mainstream and social media attention, call it fixation, on the tariff inflation faction at the Fed, the latest economic update from the central bank has almost nothing in it about that. Instead, it's cover-to-cover with worries about HP, Amazon, and all the smaller businesses we never hear about who nonetheless are finding themselves on the same part of the flat Beveridge curve. Eurodollar University's conversation w/Steve Van Metre---------------------------------------------------------------------------------------------------------------------Eurodollar University's EARLY BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

China sold a record amount of Treasuries last quarter, which is actually more confirmation of the monetary tightening story over the summer which is now spilling out into the mainstream in the form of elevated repo rates, SOFR, and repo borrowing from the Fed. At the same time and for very much related reasons, private foreign counterparties were buying huge amounts of, yes, US Treasuries. There was no rejection at all, quite the contrary all of it pointing to growing expectations for the fallout from flat Beveridge. 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------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Eurodollar University's EARLY BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

ESPN's Jesse Rogers is quoting an anonymous MLB executive saying the Los Angeles Dodgers could look to trade right-handed starting pitcher Tyler Glasnow this offseason. Clint Pasillas and Jeff Snider are here to talk about whether it's realistic, whether it's a good idea, and what it could look like. Live at 6pm PST! Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! = (562)373-4095 #Dodgers Please consider supporting the show on Patreon! ️ https://patreon.com/realFRG Or support on YouTube Members! ️ https://youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Please like and subscribe on YouTube! Hit that notification bell to get alerts on new content! 00:00:00 Cold Open and Intros 00:02:34 Shohei Ohtani WCB news and conversation 00:11:07 Evan Phillips talk 00:18:29 Making Alex Bregman make sense for the Dodgers 00:58:34 Sign off PODCAST: Listen on BLEAV! ️ https://bit.ly/adbleav Listen on iTunes! ️ https://apple.co/3TXL8Vv Listen on Spotify! ️ http://bit.ly/3I9nW2S Listen on iHeart! ️ https://ihr.fm/3TXV5Cy SOCIAL: Follow Clint on Twitter/X ️ twitter.com/realFRG Follow Clint on Instagram ️instagram.com/realfrg Follow Jeff on Twitter/X ️ twitter.com/snidog Follow Kevin on Twitter/X ️twitter.com/skinner7kevin Follow the show on Twitter/X ️ twitter.com/alldodgersla Follow the show on Instagram ️ instagram.com/alldodgerspod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Repo. It's back. Or more accurately, never really left. When we last left off with it, things were calming down which is not unusual in these circumstances. That didn't mean it was a one-time, one-off matter, just that in the middle of the month there isn't a whole lot going on. But now with the Thanksgiving holiday here and December approaching, repo rates are up, borrowing from the Fed is back, and in related developments the hedge fund-private credit world is getting spicier.  Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------Eurodollar University's EARLY BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------Bloomberg UBS Boss Is Right on Private Credit Rating Riskshttps://www.bloomberg.com/opinion/articles/2025-11-06/ubs-boss-scores-one-for-banks-over-private-creditBIS The transformation of the life insurance industry: systemic risks and policy challengeshttps://www.bis.org/publ/bppdf/bispap161.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Despite half the Federal Reserve's best efforts to take away the December rate cut, the bond market is signaling from top to bottom, back to front it doesn't care one bit. The FOMC can spout off on tariff inflation, they can claim there is no way they'll support lowering rates next month, yields are going down and taking inflation expectations with them. The bond market is making big moves despite KC Jeff and his federal funds band.   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------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Eurodollar University's EARLY BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------Conference Board US Consumer Confidence Fell Sharply in Novemberhttps://www.conference-board.org/topics/consumer-confidence/Bloomberg Retail Sales Lost Steam in September as Shoppers Pulled Backhttps://www.bloomberg.com/news/articles/2025-11-25/us-retail-sales-rose-0-2-in-september-as-consumers-pulled-backCNBC Core wholesale prices rose less than expected in September; retail sales gainhttps://www.cnbc.com/2025/11/25/core-wholesale-prices-rose-less-than-expected-in-september-retail-sales-gain.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

India's rupee broke, plunging and I mean plunging Friday to a new record low and once again embarrassing the country's central bank which had been intervening heavily for the past month. The funny thing is, there really wasn't much of a trigger to it, at least not on the surface. The rupee continues to be a major global bellwether that often has less to do with India specifically. This once again appears to be one of those cases especially with the dollar making big moves against other important currencies, too. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------------Get the free guide that breaks down the real economic signals behind America's shrinking consumer demand, and how to protect your wealth before the slowdown hits your income: https://web.eurodollar-university.com/home-------------------------------------------------------------------Bloomberg Indian Rupee Sinks to All-Time Low as RBI's Absence Sows ‘Panic'https://www.bloomberg.com/news/articles/2025-11-21/indian-rupee-slides-to-record-low-on-delay-in-us-trade-dealBloomberg Korean Won Approaches Dollar-Sale Trigger Zone Before Rate Callhttps://www.bloomberg.com/news/articles/2025-11-24/korean-won-approaches-dollar-sale-trigger-zone-before-rate-callhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Could or should the Dodgers target free agent infielder Alex Bregman? Clint Pasillas, Jeff Snider, and Kevin Skinner discuss the pros and cons of the Los Angeles Dodgers potentially pursuing the veteran and associate of the cheating Astros. Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! (562)373-4095 Please consider supporting the show on Patreon! patreon.com/realFRG Or support on YouTube Members! youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Over half of American homes lost value over the last year, the highest number since...2012. More importantly, even the media is catching on that something big changed this summer in real estate. The reason why the housing market is retreating isn't interest rates. Lower mortgage costs have not sparked a turnaround in the face of all expectations they would. Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. https://eurodollaruniversity.substack.comZillow 53% of U.S. homes lost value in the past year, the most since 2012https://investors.zillowgroup.com/investors/news-and-events/news/news-details/2025/53-of-U-S--homes-lost-value-in-the-past-year-the-most-since-2012/default.aspxHome Value Declines Spread, But Losses Since Last Sale Are Rarehttps://www.zillow.com/research/home-value-decline-35724/Bloomberg Job and Housing Stresses Are Caught in a Vicious Loophttps://www.bloomberg.com/opinion/articles/2025-11-21/job-and-housing-stresses-are-caught-in-a-vicious-loophttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Nvidia was a bust. Not the company's earnings and forecasts, those were stellar. Instead, it didn't provide the buying boost everyone thought it would. Stocks lost ground. Bitcoin continues to get hammered, down by a third in roughly six weeks. What is going on here? The answer, or answers, are coming from the cockroaches. There's more to the Blue Owl hedge fund story. Plus, Bitcoin is correlating with what we call the triple hooks.   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---------------------------------------------------------------------------------------------------------------------CNBC Stocks tumble, Nasdaq closes 2% lower after stunning reversal in AI, Nvidia stockshttps://www.cnbc.com/2025/11/19/stock-market-today-live-updates.htmlCNBC Blue Owl calls off merger of its two private credit funds after announcement rattles stockhttps://www.cnbc.com/2025/11/19/blue-owl-calls-off-merger-of-its-two-private-credit-funds-after-announcement-rattles-stock-sources-say.htmlBloomberg Blue Owl Money Machine Sputters in Face of Private Credit Crackshttps://www.bloomberg.com/news/articles/2025-11-20/blue-owl-money-machine-sputters-in-face-of-private-credit-crackshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

After Home Depot disappointed and Target got slammed, Walmart reported results that were above expectations because in this economic climate the Target and Home Depot's losses are Walmart's gains. And its strength came from all income brackets, though high-income Americans are increasingly turning to Walmart. That's not good. But it does fit with the long-delayed payroll data that just came out, which you'll be shocked to learn has another revision turning another monthly number negative. That makes two. 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---------------------------------------------------------------------------------------------------------------------FOMC October 2025 Minuteshttps://www.federalreserve.gov/monetarypolicy/files/fomcminutes20251029.pdfNBC News Walmart raises sales outlook, boosted by e-commerce and higher-income shoppershttps://www.nbcnews.com/business/business-news/walmart-earnings-ecommerce-rcna244853CNBC Walmart hikes sales and earnings forecast as it attracts shoppers across incomeshttps://www.cnbc.com/2025/11/20/walmart-wmt-q3-2026-earnings.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

While everyone else is glued to Nvidia, the results from Home Depot and Target will have far more to say about the markets and a lot more. Plus others like TJ Maxx, Bitcoin and the surprising Fed minutes that has a lot to say about the status of December's rate cut.Bloomberg Wary Stock Bulls Eye Walmart, Target for Clues to Consumer Healthhttps://www.bloomberg.com/news/newsletters/2025-11-17/wary-stock-bulls-eye-walmart-target-for-clues-to-consumer-health?srnd=phx-economics-v2Economic Times TGT stock falls today as Target cuts guidance and predicts weak holiday saleshttps://economictimes.indiatimes.com/news/international/us/tgt-stock-falls-today-as-target-cuts-guidance-and-predicts-weak-holiday-sales/articleshow/125437666.cms?from=mdrRead more at:https://economictimes.indiatimes.com/news/international/us/tgt-stock-falls-today-as-target-cuts-guidance-and-predicts-weak-holiday-sales/articleshow/125437666.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppstYahooFinance Target cuts earnings guidance, warns about high prices, and predicts a weak holiday seasonhttps://finance.yahoo.com/news/target-cuts-earnings-guidance-warns-about-high-prices-and-predicts-a-weak-holiday-season-113001475.htmlCNBC TJ Maxx and Marshalls owner hikes outlook as CEO says holiday season is off to a ‘strong start'https://www.cnbc.com/2025/11/19/tjx-companies-tjx-earnings-q3-2026.htmlFOMC Minuteshttps://www.federalreserve.gov/monetarypolicy/files/fomcminutes20251029.pdf

Jeff Snider and Clint Pasillas welcome top slugging prospect Ryan Ward of the Los Angeles Dodgers! Ward joins to chat about his career as a pro, reflect on his breakout 2025 minor league season, and dive into what may be coming next at the big league level! Plus, thoughts on his swing, his defense, his nickname, and other hot baseball topics! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! (562)373-4095 Please consider supporting the show on Patreon! patreon.com/realFRG Or support on YouTube Members! youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Patrick Bet-David, Tom Ellsworth, and Brandon Aceto are joined by Jeff Snider as they break down Congress passing the Epstein bill, Trump calling reporter Catherine Lucey “Piggy,” MBS's high-stakes U.S. visit, Bitcoin's sudden freefall, and rumors that Apple CEO Tim Cook may be stepping down.------

We went from the economy is strong and resilient, credit markets are fine reaching for yield to big names like Jamie Dimon and now so-called bond king Jeffrey Gundlach openly talking about cockroaches and garbage lending that are looking more like 2006 and 2007 every day. We've even got news of more hedge fund redemptions. Unlike a few months ago, now all of a sudden the possibilities seem plausible to people who forever refused to even consider the idea.  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---------------------------------------------------------------------------------------------------------------------Bloomberg Jeffrey Gundlach Warns of ‘Garbage Lending' as Private Credit Boomshttps://www.bloomberg.com/news/articles/2025-11-17/gundlach-slams-garbage-lending-in-private-credit-marketBloomberg Blue Owl Plunges to 2023 Low After Blocking Exit From Fundhttps://www.bloomberg.com/news/articles/2025-11-17/blue-owl-plunges-to-2023-low-after-blocking-exit-from-early-fundBloomberg Funding Market Strains Spur Wall Street Calls for More Action From Fedhttps://www.bloomberg.com/news/articles/2025-11-13/funding-market-strains-spur-wall-street-calls-for-more-action-from-fedhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The Los Angeles Dodgers need some help in the outfield this offseason. Cody Bellinger is a fan favorite in LA and still plays a solid outfield. There are reports that the Dodgers are interested in bringing Belli back, and Cody's agent says the interest is mutual. Could a Dodgers/Bellinger reunion make sense for our Boys in Blue? Clint Pasilla, Jeff Snider, and Kevin Skinner are here to talk about it! Plus, the deadline to protect players from the Rule 5 Draft came and went without LA making any more moves. (UPDATE: About two hours after the deadline, word trickled in that the Dodgers actually did add lefty reliever Ronan Kopp to the 40-man roster to protect him from the Rule 5 Draft.) What does that mean for the future? Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! (562)373-4095 Please consider supporting the show on Patreon! ️patreon.com/realFRG Or support on YouTube Members! youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The European labor market is on the cusp of its own flat Beveridge moment. That danger was amplified by the third quarter contraction in the Swiss economy, which, as we know, is a key leading global indicator. And if all that wasn't enough, a group of German Economists, of all people, just tore into the mainstream European narrative of Europe being in a good place. They even went so far as correctly, of course, crap all over the Berlin bazooka. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------------Get the free guide that breaks down the real economic signals behind America's shrinking consumer demand, and how to protect your wealth before the slowdown hits your income: https://web.eurodollar-university.com/home-------------------------------------------------------------------euronews Weak eurozone growth meets flat jobs market as bankruptcies surgehttps://www.euronews.com/business/2025/11/14/weak-eurozone-growth-meets-flat-jobs-market-as-bankruptcies-surgeBloomberg Merz Advisers Revise 2026 German Growth Forecast to Below 1%https://www.bloomberg.com/news/articles/2025-11-12/merz-advisers-revise-2026-german-growth-forecast-to-below-1DW Germany news: Economic experts call for change of coursehttps://www.dw.com/en/germany-news-economic-experts-call-for-change-of-course/live-74708934https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The Los Angeles Dodgers are back-to-back World Series champions, but that doesn't mean they're perfect. One notable weakness the past few seasons, including in the World Series, has been a handful of pitchers who are notably bad at holding runners on base. Clint Pasillas and Jeff Snider look into that weakness as one potential way the Dodgers can improve on the margins this offseason. Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! (562)373-4095 Please consider supporting the show on Patreon! patreon.com/realFRG Or support on YouTube Members! youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

An unprecedented slump in Chinese investment. That's what one media outlet called it. I don't think slump is the right word. Crash might be a more appropriate one. While that tends to be overused, the numbers show not in this case. Especially when they are backed up by a crash in household lending in China, too, as Chinese banks just put up more grim stats. And all of this confirmation of what I told you months ago, the something big has changed over there this summer. 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---------------------------------------------------------------------------------------------------------------------Bloomberg China's Investment Crash Puzzles Economists and Threatens Growthhttps://www.bloomberg.com/news/articles/2025-11-14/china-s-investment-crash-puzzles-economists-and-threatens-growthBloomberg PBOC Justifies Loan Slowdown Following Record Contractionhttps://www.bloomberg.com/news/articles/2025-11-11/pboc-justifies-loan-slowdown-following-record-contractionhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The Los Angeles Dodgers made a trade on Sunday, although not one of the big-name trades we're expecting this offseason. Robinson Ortiz, who was just added to LA's 40-man roster a couple weeks ago, was shipped to Seattle for Tyler Gough, a young pitcher who doesn't need to be on the 40. Jeff Snider and Clint Pasillas are here to talk about this trade and the 40-man roster in general, leading up to Tuesday's deadline to protect players from the Rule 5 Draft. Meanwhile, free agent Dodger favorite Kiké Hernandez had surgery on his ailing left elbow and will miss the World Baseball Classic next spring because of it. Will it affect his free agency? And speaking of free agency, first baseman Josh Naylor is signing a five-year deal to stay with the Mariners, the first big signing of this Hot Stove Season. Let's dig into all of it! Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! = (562)373-4095 #Dodgers Please consider supporting the show on Patreon! ️ https://patreon.com/realFRG Or support on YouTube Members! ️ https://youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Please like and subscribe on YouTube! Hit that notification bell to get alerts on new content! PODCAST: Listen on BLEAV! ️ https://bit.ly/adbleav Listen on iTunes! ️ https://apple.co/3TXL8Vv Listen on Spotify! ️ http://bit.ly/3I9nW2S Listen on iHeart! ️ https://ihr.fm/3TXV5Cy SOCIAL: Follow Clint on Twitter/X ️ twitter.com/realFRG Follow Clint on Instagram ️instagram.com/realfrg Follow Jeff on Twitter/X ️ twitter.com/snidog Follow Kevin on Twitter/X ️twitter.com/skinner7kevin Follow the show on Twitter/X ️ twitter.com/alldodgersla Follow the show on Instagram ️ instagram.com/alldodgerspod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Big moves across the risk markets this week. Bitcoin and crypto hammered. Repo back on the menu. WTI full contango (briefly). Plus, top officials at the New York Fed soft confirming the start of the next  not-QE QE. What does it all mean?Eurodollar University's conversation w/Steve Van MetreWhat is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method. If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place. Mainstream education has left so many massive gaps on the most foundational concepts, making sense of everything is practically impossible otherwise.  With our memberships, we'll fill in everything that you've been missing. https://eurodollar.university/memberships https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Flat Beveridge strikes again. You know the drill. We've been stuck in forgot how to grow and its no-hire/no-fire labor market the past few years. That began to change last year, especially last summer when no-hiring somehow got to be even less hiring. Then last year and this year, no-firing became some firing, in other words, shifting to the flat part of the Beveridge curve. But what we've been getting more recently looks to be an escalation in firing. Verizon just announced it may be cutting 15% of its 100,000 strong workforce.  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---------------------------------------------------------------------------------------------------------------------Texas Service Sector Outlook Surveyhttps://www.dallasfed.org/research/surveys/tssos/2025/2510#tab-reportBloomberg Verizon Eyes Up to 15,000 Layoffs as New CEO Takes Chargehttps://www.bloomberg.com/news/articles/2025-11-13/verizon-layoffs-could-come-next-week-as-new-ceo-takes-chargeCNBC White House says October jobs and inflation data may never be released because of the shutdownhttps://www.cnbc.com/2025/11/12/white-house-october-data-release.htmlBloomberg Fed's Perli Says Won't Be Long Before Fed Starts Buying Assetshttps://www.bloomberg.com/news/articles/2025-11-12/fed-s-perli-says-won-t-be-long-before-fed-starts-buying-assetshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Los Angeles Dodgers superstar Shohei Ohtani won his fourth Most Valuable Player Award, his third in a row, and his second straight in the National League since joining the Dodgers. And for the fourth time, the vote was unanimous. Meanwhile, in the American League, Yankees captain Aaron Judge won his third MVP and second in a row, narrowly beating out Mariners catcher Cal Raleigh for the AL prize. Jeff Snider is here to talk about the awards, the voting, and whether the whole process might be a little too predictable. (And then he sticks around for another hour taking viewer questions about all sorts of Dodgers and non-Dodgers stuff.) Share your thoughts in the comments section! Tube in all offseason long! Leave a voicemail or text the Friend of the Show hotline! = (562)373-4095 #Dodgers Please consider supporting the show on Patreon! ️ https://patreon.com/realFRG Or support on YouTube Members! ️ https://youtube.com/@alldodgers/join All Dodgers is presented by FanDuel, part of the Bleav Network of podcasts. Please like and subscribe on YouTube! Hit that notification bell to get alerts on new content! PODCAST: Listen on BLEAV! ️ https://bit.ly/adbleav Listen on iTunes! ️ https://apple.co/3TXL8Vv Listen on Spotify! ️ http://bit.ly/3I9nW2S Listen on iHeart! ️ https://ihr.fm/3TXV5Cy SOCIAL: Follow Clint on Twitter/X ️ twitter.com/realFRG Follow Clint on Instagram ️instagram.com/realfrg Follow Jeff on Twitter/X ️ twitter.com/snidog Follow Kevin on Twitter/X ️twitter.com/skinner7kevin Follow the show on Twitter/X ️ twitter.com/alldodgersla Follow the show on Instagram ️ instagram.com/alldodgerspod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The collapse and bankruptcy of another private credit supported firm has generated significant losses this week. But as I pointed out last week with the shuttered UBS sponsored hedge funds, it isn't necessarily the amount of money being burned. It's what each of these cockroaches reveals, and how they add to the growing mistrust about the entire private credit shadow banking network. That's the real danger which could threaten to unravel a whole lot more than a few troubled firms. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------------Get the free guide that breaks down the real economic signals behind America's shrinking consumer demand, and how to protect your wealth before the slowdown hits your income https://web.eurodollar-university.com/home-------------------------------------------------------------------Bloomberg BlackRock Faces 100% Loss on Private Loan, Adding to Credit Market Painhttps://www.bloomberg.com/news/articles/2025-11-10/blackrock-eyes-100-loss-on-private-loan-amid-debate-over-marksBloomberg Why First Brands Has Sparked So Many Concerns on Wall Streethttps://www.bloomberg.com/news/articles/2025-11-10/why-first-brands-collapse-sparked-concerns-on-wall-streetBloomberg Car Loan Delinquencies Hit Record for Riskiest Borrowershttps://www.bloomberg.com/news/articles/2025-11-12/car-loan-delinquencies-hit-record-for-riskiest-borrowershttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Fast food chain Wendy's said it's closing hundreds more US locations than previously announced because customers can't afford to eat there. It fits with what McDonalds US President said last week about how the entire industry is fighting for contracting traffic. It sounds practically Chinese talking about oversupply of cheap hamburgers and chicken nuggets. But as we know only too well from China's economy, it isn't too much production it is the lack of demand. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------------Get the free guide that breaks down the real economic signals behind America's shrinking consumer demand, and how to protect your wealth before the slowdown hits your income https://web.eurodollar-university.com/home-------------------------------------------------------------------USA Today Wendy's to close roughly 300 stores nationwide starting in late 2025https://www.usatoday.com/story/money/2025/11/07/wendys-closing-hundreds-stores-2025/87146469007/CNBC McDonald's U.S. boss puts focus on ‘value and affordability' as consumer spending splitshttps://www.cnbc.com/2025/11/06/mcdonalds-us-boss-memo-value-affordability.htmlBloomberg US Small-Business Optimism Dips to Six-Month Low on Earningshttps://www.bloomberg.com/news/articles/2025-11-11/us-small-business-optimism-slips-to-six-month-low-on-earningsBloomberg US Companies Shed Jobs in Late October, Weekly ADP Data Showhttps://www.bloomberg.com/news/articles/2025-11-11/us-firms-shed-11-250-jobs-per-week-in-four-weeks-to-oct-25-adphttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The federal government may be opening back up but the administration floating a tariff dividend is the real news here. It's yet another dose of reality showing the stock market is not that reality. Americans are struggling and the timing behind this dividend is transparently in response to worsening economic conditions. After all, more Americans say they think unemployment is coming than at any time since 1980.Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. Ready to make your week count? Subscribe to One Big Weekly Theme today. You can sample the service or sign up and get started straight away. Visit https://eurodollaruniversity.substack.comPresident Trump Truth Socialhttps://truthsocial.com/@realDonaldTrump/posts/115514453574326959https://truthsocial.com/@realDonaldTrump/posts/115520395997089111https://truthsocial.com/@realDonaldTrump/posts/115519726463094783NBC Trump floats giving Americans cash for health care and tariff dividendshttps://www.nbcnews.com/politics/trump-administration/trump-floats-giving-americans-cash-health-care-tariff-dividends-rcna242835Bloomberg Bessent Says Trump's $2,000 ‘Dividend' May Come Via Tax Cutshttps://www.bloomberg.com/news/articles/2025-11-09/bessent-says-trump-s-2-000-dividend-may-come-via-tax-cutshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

CarMax sacked their CEO after preannouncing just brutal results for an industry already reeling and at the epicenter of the current ongoing breakdown in credit markets. The stock plunged 25% Thursday when management disclosed unit sales are looking to crash by 8 to 12% in the latest quarter. Relatedly, consumer confidence plunged to record and near-record lows...and it has little to do with the govt shutdown. Eurodollar University's conversation w/Steve Van Metre---------------------------------------------------------------------------------------------------------------------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---------------------------------------------------------------------------------------------------------------------https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

UBS is reportedly closing down not one but two hedge funds, in a more that raises a lot of questions but also some very uncomfortable parallels to 2007. One of those funds is exposed to First Brands, so understandable. The other...isn't. And that raises the prospect of the R-word; in this case, that does not stand for recession, rather its uglier monetary twin. Bloomberg UBS Winds Down O'Connor Funds in Sign of First Brands Strainhttps://www.bloomberg.com/news/articles/2025-11-06/ubs-to-wind-down-o-connor-funds-with-first-brands-exposureNYT $3.2 Billion Move by Bear Stearns to Rescue Fundhttps://www.nytimes.com/2007/06/23/business/23bond.htmlhttps://eurodollar.university

The most October job cuts in over twenty years. More than October 2008, if you're keeping score. While that doesn't mean this is a repeat of 2008, can we all finally admit this is a really serious situation? And as the flat Beveridge curve emerges more clearly, the rising unemployment it represents is also causing collateral damage, pun intended. The New York Fed said yesterday auto, credit card and student loan delinquencies hit levels, well you'll have to see.  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---------------------------------------------------------------------------------------------------------------------Nov 06 October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AIhttps://www.challengergray.com/blog/october-challenger-report-153074-job-cuts-on-cost-cutting-ai/Revelio Labs Employment — October 2025https://www.reveliolabs.com/public-labor-statistics/employment/Revelio Labs RPLS Reports 60k Jobs Added in September Amid BLS Shutdownhttps://www.reveliolabs.com/news/macro/rpls-september-release/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The dollar is accelerating and not in the direction most people were anticipating, to the point it has rattled the entire cryptocurrency space. That's why cryptocurrencies like Bitcoin just got hit with a major selloff this week as the dollar debasement theme which had driven their latest surge comes up completely empty. More important than that, however, the dollar is accelerating higher which signals quite a lot all its own. But what? You can see how this gets confusing with all this unnatural noise. Eurodollar University's Money & Macro AnalysisWhat is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method. If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place. Mainstream education has left so many massive gaps on the most foundational concepts, making sense of everything is practically impossible otherwise. With our memberships, we'll fill in everything that you've been missing. https://eurodollar.university/memberships https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Not only is retail giant Target not committing to the big seasonal hiring it always does, the company is actually laying off nearly 2000 of its corporate staff in its biggest management and job shakeup in years. Target is merely the latest “one-off” big name to announce job cuts. No wonder consumer confidence just took another huge hit and that was from the one survey that has held up the best this year.  Eurodollar University's Money & Macro AnalysisWhat is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method. If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place. Mainstream education has left so many massive gaps on the most foundational concepts, making sense of everything is practically impossible otherwise. With our memberships, we'll fill in everything that you've been missing. https://eurodollar.university/memberships Bloomberg A Wave of US Layoffs Flash Early Warning Sign for Job Markethttps://www.bloomberg.com/news/articles/2025-11-03/the-low-hire-low-fire-us-economy-seems-to-be-overBloomberg Target to Eliminate 1,800 Roles, 8% of Headquarters Teamhttps://www.bloomberg.com/news/articles/2025-10-23/target-to-lay-off-8-of-headquarters-team-cut-1-800-rolesNYT UPS Has Cut 48,000 Workers Since Last Yearhttps://www.nytimes.com/2025/10/28/business/ups-layoffs-48000-workers-this-year.htmlBloomberg A Slump in Cardboard Box Sales Is Stoking Fears of Lackluster Holiday Shoppinghttps://www.bloomberg.com/news/articles/2025-11-03/cardboard-box-sales-slump-signals-weak-holiday-shopping-aheadRCM/TIPP Optimism Index Drops Sharply https://www.realclearmarkets.com/articles/2025/11/04/rcmtipp_optimism_index_drops_sharply_1145051.htmlhttps://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The cash squeeze in wholesale money markets that we've been following got a whole more exciting on Friday, and now we have the full set of numbers on it. Interest rates soared the most since 2020 further proving the Federal Reserve's program which is supposed to keep this from happening doesn't keep it from happening. Imagine my shock. We also know that there were plenty of spare reserves available, too. And with more borrowing from the Fed again this morning so far, we have to consider the question whether this ongoing and escalating tightness is pointing to something bigger. 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---------------------------------------------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The ECB this week held its policy rate right at 2% with policymakers out in force claiming to everyone who might listen they're likely done at that level. Instead, GDP data from all over the continent just came out and showed there's more pringles yet to come from Europe. But there's also one big factor here few people are considering and it has to do with the 2% level itself.  Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. eurodollaruniversity.substack.comhttps://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

New home sales in China collapsed by 42% in October when compared to last October, representing more than just another setback for the beleaguered Chinese real estate market, the world's largest asset class. This is a major problem for Chinese banks, not that they were expecting different. So, we see interest rates are back to moving lower, setting multi-month lows with the latest short-lived stretch of optimism based on Chinese tech stocks being burst yet again by the reality stocks are not real life. Eurodollar University's Money & Macro AnalysisWhat is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method. If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place. Mainstream education has left so many massive gaps on the most foundational concepts, making sense of everything is practically impossible otherwise.  With our memberships, we'll fill in everything that you've been missing.https://eurodollar.university/memberships Bloomberg PBOC Adviser Leads Call for Fiscal Support to Housing Markethttps://www.bloomberg.com/news/articles/2025-09-24/pboc-adviser-leads-call-for-fiscal-aid-to-support-housing-markethttps://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The reason why Fed Chair Jay Powell didn't want to commit to a December rate cut is simple. A number of voting members at the FOMC are not convinced the weak labor market is actually all that weak. Sure, the numbers don't look good, but they're wonder if it is real. Well, Chipotle and Kraft-Heinz would like to answer them with a pair of serious warnings about what they're seeing from consumers.  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---------------------------------------------------------------------------------------------------------------------Bloomberg Fed Cuts Rate by Quarter Point, With Dissents on Both Sideshttps://www.bloomberg.com/news/live-blog/2025-10-29/fomc-rate-decision-and-fed-chair-news-conferenceBloomberg Chipotle Falls Most Since 2012 After Warning Over Diner Pullbackhttps://www.bloomberg.com/news/articles/2025-10-29/chipotle-cuts-outlook-for-third-time-in-2025-on-weaker-trafficWSJ Kraft Heinz Lowers Full-Year Outlook on Weak Consumption Trendshttps://www.wsj.com/business/earnings/kraft-heinz-khc-q3-earnings-report-stock-2025-a4c6430eYahooFinance Kraft Heinz bearish on outlook amid volume decreases ahead of splithttps://finance.yahoo.com/news/kraft-heinz-bearish-outlook-amid-173322392.htmlConference Board https://www.conference-board.org/topics/consumer-confidence/https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

FOMC will cut rates today but what will officials say, or do, about the growing repo mess? Find out as we react to the Fed's decisions and Powell's press statements. Eurodollar University's Money and Macro Analysis

Amazon announced today it will be cutting 14,000 corporate jobs, though leaker reports say the real number will be roughly 30,000 over time. The company itself says it needs to be more nimble to leverage AI technology when the timing and the target instead shows macroeconomic headwinds are behind the move. There is a reason why consumers believe the US economy is in recession right now. While layoffs like Amazon's remain relatively scarce, unemployment is piling up all over the place and so does the confirmation.  Eurodollar University's Money & Macro AnalysisWhat is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method. If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place.  Mainstream education has left so many massive gaps on the most foundational concepts, making sense of everything is practically impossible otherwise. With our memberships, we'll fill in everything that you've been missing. https://eurodollar.university/memberships https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Another day, another significant borrowing from the Federal Reserve's repo facility. This has become a regular occurrence and concurrent with a rise in money market rates due to the cash squeeze I told you about yesterday, there's a lot of similarities to 2019 and it's got the Fed on track to not just cut rates this week also possibly terminate the balance sheet runoff – even if Steve doesn't quite agree.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---------------------------------------------------------------------------------------------------------------------https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

The ongoing cash squeeze in money markets is very likely to bring an end to the Federal Reserve's balance sheet runoff, known as QT. When the FOMC meets this coming week, officials are almost certainly going to cut rates given the perilous situation in labor. But with financial firms still using the Fed's repo facility and especially as benchmark money rates stay elevated, the second item on the list of decisions is going to be ending QT. Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. Visit https://eurodollaruniversity.substack.com to sample the service or sign up and get started straight away. https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU