Business cycle contraction;Â general slowdown on economic activity
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China just hit another record, though not the kind officials want to talk about. Not record growth. Not record confidence. Not record consumer spending. A record decline in household borrowing. Chinese households are not just borrowing less. They are pulling back at a pace we have not seen before in comparable data. And that is the real warning because this is exactly where China's worsening downturn becomes much harder to explain away.Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. ----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/eduhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Most people think they understand the dollar. When the dollar goes up, they think that means America is strong. Good economy. Good policy. Maybe the Federal Reserve is doing a good job and investors are “choosing America.” And when the dollar goes down, they think that must be bad. Inflation. Debasement. Money printing. The end of dollar dominance and the famous “dollar doom” story. But what if those are completely backwards?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----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/eduhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Ce mardi 16 juin, l'accord de cessez-le-feu entre les États-Unis et l'Iran et ses conséquences, les frais de "péage" dans le détroit d'Ormuz, ainsi que la sortie de la France de la récession, ont été abordés par Anne-Sophie Alsif, cheffe économiste de BDO France et professeure à Paris 1 Panthéon-Sorbonne, Guillaume Poitrinal, fondateur de WO2, promoteur immobilier bas carbone, et Valentine Ainouz, responsable de la Stratégie Taux chez Amundi, dans l'émission Les Experts, présentée par Raphaël Legendre sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.
India is now being forced to ration diesel fuel for the first time maybe ever. At the same time, global stocks of crude oil are at their lowest since 2003. Even inventories here in the US have been drained to levels we haven't witnessed in 20 years. In other words, as hopes for a peace deal with Iran rise, our attention must now turn to this critical next stage. While the conflict might subside, hopefully, this thing is far from over. Eurodollar University's conversation w/Steve Van Metre-------------------------------------------------------------If you have a retirement account and you've been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.To learn more, go to https://eurodollarcrypto.com.This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply---------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home-------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
Roundup of the Week's Top Stories in Economics and FreedomJob Openings Jump by 731,000SpaceX Goes Public to the MoonCanada's in Recession, AgainThe Chinese Miracle Hits a Great WallWill the Fed Crush the Trump Boom?Read the article “Will the Fed Crush the Trump Boom?" at https://www.profstonge.com/Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Visit our Sponsor: CoinKiteProtect your Bitcoin with an Ultra-Secure Hardware WalletVisit our Sponsor: Abundant MinesMine Bitcoin, Keep the Profits, Reduce your Taxes. We handle Everything.Visit our Sponsor: The Bitcoin WayStep-by-step help with Bitcoin self-custody, upgraded cybersecurity, and Plan B residency.Profstonge WeeklyWeekly articles on economics and freedom and a monthly investment Watch ListDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show
Jeff Schulze of ClearBridge Investments joins host John Przygocki to discuss US economic resilience amid Middle East energy disruptions. With 11 of 12 of his Recession Risk Dashboard indicators now green, Schulze highlights a strong labor market, durable consumer spending, and a CapEx cycle broadening that extends well beyond AI. He views the economy as mid-cycle, remains constructive on US equities, and sees compelling opportunity in emerging markets.
The European Central Bank just raised rates on Thursday into an economy that is already shrinking. That sentence should sound familiar, because Europe has done this before. Not once. Twice. The two questions we now want to ask are, first, whether the ECB's action will pull others including the Fed into this rate hiking gambit. Second, how long could they hang on hawking before they have to turn around. And what can the markets tell us about both. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------If you have a retirement account and you've been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.To learn more, go to https://eurodollarcrypto.com.This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply---------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home-------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
Chris Markowski, the Watchdog of Wall Street, discusses the current state of the financial markets, emphasizing the importance of understanding market psychology and investor behavior. He reflects on lessons learned from the Great Recession, the challenges posed by inflation, and the realities of investing in IPOs. Markowski advocates for long-term investment strategies and warns against emotional decision-making that can lead to poor financial outcomes. He encourages listeners to embrace difficult market conditions and to seek guidance in navigating their financial futures.
Gold and silver have been crushed this week and we need to not only explain why, just as important what this drop is telling us about more than precious metals. ----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------
The Asian currency crisis is escalating and it's forcing governments all over the region to get desperate. From India to Indonesia, South Korea and Japan, their situations are becoming a genuine threat to stability. When a country's currency falls because of a dollar shortage, it is not just a foreign-exchange problem. It is not just a bad day on a currency chart. It can become a destabilizing feedback loop.Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. ----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
HAPPY THURSDAY COUSINSSSS!!!!You know what to do...grab your snacks, turn us all the way up while you clean, chill, or drive, and hang out with us like always. We appreciate every single one of you cousins – your comments, your DMs, your support. Make sure to subscribe so you don't miss the next episode!WE LOVE YALL ❤️Amir & SaraDon't forget to subscribe to our YouTube channel for more videos:https://www.youtube.com/c/CousinConnectionPodcastFollow us on:IG | https://www.instagram.com/cousinconnectionpod/Tiktok | https://bit.ly/32PtwmK----------------------------------------------------------------------------------------------------
Everyone wants to know when the next recession is coming. Wall Street watches every data release. Politicians blame their opponents. The Federal Reserve tries to read the tea leaves. And too many commentators treat recessions as if they are an inevitable punishment after a long expansion. But what if much of that conventional wisdom is wrong?In this episode of the Let People Prosper Show, I'm joined by Dr. Tyler Goodspeed, Chief Economist at ExxonMobil and an adjunct scholar at the Cato Institute, to discuss his new book, Recession: The Real Reasons Economies Shrink and What to Do about It.Tyler brings a rare combination of economic history, macroeconomic expertise, and real-world policymaking experience. He served as Chair of the White House Council of Economic Advisers during the first Trump administration and previously served as Vice Chairman and Chief Economist for Macroeconomic Policy. We overlapped during my time at the White House Office of Management and Budget, where these debates were not academic. They shaped real decisions affecting millions of Americans. With dual PhDs in economics and history, Tyler has the long-run perspective needed to challenge the easy stories politicians tell about downturns. The goal should not be for the government to micromanage the economy. The goal should be to understand what actually causes downturns, avoid making them worse, and build the conditions for stronger long-run growth.
Welcome to this Thursday edition of RealAg Radio, brought to you by Farm Credit Canada. Today on the show, host Shaun Haney is broadcasting from the FCC head office in Regina, Saskatchewan! For today’s show, Haney is joined by Craig Johnston, the Chief Economist for Farm Credit Canada, Mo Yaghi of Farm Credit Canada and... Read More
Welcome to this Thursday edition of RealAg Radio, brought to you by Farm Credit Canada. Today on the show, host Shaun Haney is broadcasting from the FCC head office in Regina, Saskatchewan! For today’s show, Haney is joined by Craig Johnston, the Chief Economist for Farm Credit Canada, Mo Yaghi of Farm Credit Canada and... Read More
What Is a Credit Cycle — and Where Are We in It? These are questions that keep coming up with everything that's happening in…the credit market. Not just private credit and shadow banks, but thinking more broadly. Those are where all the downside signals are strongest and where all the excitement is right now. But credit cycles go beyond one sector's garbage lending and cockroach production. 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----------------------------------------------------------------------------------Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning PointIt isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home----------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
In this Episode, there are just some people who should never have a pet! Recession? What recession? As long as you ignore the grocery bills, housing costs, and the fact your paycheck disappears faster than ever, Canada in a recession? STOP! There's nothing to see here, especially in your wallet! This Episode is Sponsored By: www.lesdeliceslafrenaie.com Montreal's Best Bakery/Pastry Shop with 7 locations! "Simply Delicious" IG: @deliceslafrenaie @lafrenaiebrossard @lafrenaiemagog @lafrenaiemontrealouest @lafrenaiesaintejulie @lafrenaiepointeclaire @lafrenaierosemere Win up to $100 in Freeplay! (Exclusive to Drive By Listeners) Spin To Win Now! Go to www.playground.ca/driveby GOOD LUCK! IG: @playgroundyul @playgroundpoker Playground is Canada's premier gaming and entertainment destination with over 1100 gaming machines, 65 poker tables, and three restaurants. Fans Choice: Voted- Best Poker Room in the world! The Drive By® Podcast is Brought to you by: www.ownspace.com *the views and opinions expressed on this podcast are of the speakers and do not necessarily reflect the views or positions of paid sponsors. The Drive By-Music-Intro/Extro https://open.spotify.com/track/2tAF0OfAhHdY76D9yCZ0T7?si=12de8dcd0d904211
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Bond yields rose sharply on Friday, but why? What you'll hear is that inflation and a strong economy will force the Fed to hike. But that's only half true – the possibility of the rate hike. All the rest of it, not so much. Both markets and American consumers agree wholeheartedly on all of it. In fact, on Friday, inflation expectations in Treasuries dropped to their lowest levels since early March. Yeah, lowest since the start of the conflict and they were never high to begin with. Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. --------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
What did you think of todays show??Pace Morby blocked Aaron Bihl for explaining the Morby Method out loud. In this episode, Aaron fills in for Mike while he and Dan break down the contradictions piling up around creative finance's loudest salesman: personal guarantees that aren't real, the 50-year mortgage Pace now calls a deal he hates, and the sub-two horror stories that haunt wholesalers forever. Plus why the only thing that survives a weird economy is buying real equity, not the hype someone's selling you.Topics discussed:Introduction (00:00)Why Aaron got blocked by Pace Morby (01:17)The Brandon Turner call that backfired (02:24)Pace's personal guarantees that aren't real (04:47)Why the Morby Method invites mortgage fraud (06:52)Sub-two insurance tricks that fall apart (08:00)Sub-two horror stories that haunt wholesalers (10:25)The 50-year mortgage Pace now regrets (15:34)Why sound operators survive a weird economy (18:46)AI, data centers, and the anti-AI crowd (22:02)SpaceX is the new Bitcoin (31:12)Day traders, peptides, and the next get-rich-quick (35:22)Follow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)
Recent economic data suggests Canada is in a technical recession. Andrew argues that while political parties continue to sell the fiction that governments can deliver short-term economic growth, economists largely agree that growth is driven by deeper, longer-term forces. The bigger problem is that neither party has a serious plan to boost productivity and investment. High taxes, burdensome regulation, and growing market concentration are holding the economy back. And while many Canadians blame immigration for our economic malaise, the real issue isn't too many workers—it's too little capital. Are we expecting too much from this government, or is it simply avoiding the hard reforms Canada needs most?Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up. Hosted on Acast. See acast.com/privacy for more information.
Heather Brooker fills in for Amy King on this Tuesday Wake Up Call. ABC News correspondent Jordana Miller opens the show talking about Israel and Iran appear to have paused strikes after trading fire. Heather speaks with ABC News investigative reporter Peter Charalambous about Jeffrey Epstein’s former assistant & Bill Gates being scheduled to testify. We ‘Get in Your Business’ with Bloomberg’s Denise Pellegrini who breaks down what is moving the markets this morning. The show closes with ABC News correspondent Jim Ryan talking about overcoming the ‘learning recession.’See omnystudio.com/listener for privacy information.
Statistics Canada just confirmed two consecutive quarters of negative annualized GDP. But half the country's economists say it doesn't count, the Prime Minister calls it "settling in," and the Bank of Canada is signaling the next move might be a hike, not a cut. We break down what the print actually said, why gold imports and frozen housing turnover are doing most of the damage, and what every Canadian real estate investor needs to do before the June 10th BoC decision. Inside: the three lenses on whether this is a "real" recession, why fixed mortgage rates have a floor (not a ceiling), and the five things you should NOT do in this market. EDMONTON MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds (ETFs) | BMO Global Asset Management LISTEN AD FREESee omnystudio.com/listener for privacy information.
Rudyard Griffiths and Sean Speer discuss Canada's deeper economic malaise beyond the recession debate. They explore decades of declining quarterly GDP growth since the 1960s, arguing that secular stagnation—not short-term fluctuations—is the real crisis. They also cover rising debt burdens, unproductive capital allocation, and policy failures that have compounded economic decline. Finally, they critique the Carney government's approach and question whether politicians will relinquish power to enable market-driven productivity growth.The Hub is Canada's fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Follow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - Producer and EditorRudyard Griffiths and Sean Speer - Hosts Hosted on Acast. See acast.com/privacy for more information.
We're used to seeing this kind of thing out of the payroll reports, but I don't think anyone really expected this. Red flags are up all over the May data, coming from all sides. Not the least of which is the context behind all the big problems in the numbers. When dollar stores complain that consumers are no longer able to buy food from dollar stores, you know everything is really out of whack. 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----------------------------------------------------------------------------------US Small Business Hiring Plans Drop to Lowest Since May 2020https://www.bloomberg.com/news/articles/2026-06-04/us-small-business-hiring-plans-drop-to-lowest-since-may-2020Five Below Slides After Profit Beat as Retailer Flags Consumer Hit Over Oil High Priceshttps://www.bloomberg.com/news/articles/2026-06-03/five-below-slides-after-profit-beat-as-retailer-flags-caution-over-consumerhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
By one definition, Canada is now in a recession. But last week Canada also had a strong jobs report, and posted its first trade surplus in months. So what the heck is going on? We speak to three leading economic analysts — Charles St Arnaud from Servus Credit Union, Angelo Melino from the University of Toronto and the C.D. Howe Institute and Armine Yalnizyan, Atkinson Fellow on the Future of Workers.
Let's talk about recession prep for normal people....
Europe is preparing its public for something it has tried to avoid for years: a trade fight with China. While all eyes are on Iran and oil, the energy shock is only adding more urgency to a brewing economic battle between two of the world's biggest markets. According to recent reports, the European Commission has already held closed-door discussions about the next steps against Beijing. The global trade wars are about to blow open.Eurodollar University's Money & Macro Analysis-------------------------------------------------------------If you have a retirement account and you've been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.To learn more, go to https://eurodollarcrypto.com.This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply---------------------------------------------------------------https://www.youtube.com/TheEconomist5 EU countries call for tougher trade weapons to tackle Chinahttps://www.politico.eu/article/eu-china-economy-germany-tougher-trade-weapons/Left With Few Choices, EU Braces for a Trade Fight With Chinahttps://www.bloomberg.com/news/articles/2026-06-03/left-with-few-choices-eu-braces-for-a-trade-fight-with-chinahttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
This ICYMI episode takes you back to October of 1990 - a moment when Canadians were staring down soaring interest rates, spiking oil prices, and waves of layoffs at CN Rail, Imperial Oil and Air Canada. The Conference Board of Canada had just declared a recession, while Prime Minister Brian Mulroney and Finance Minister Michael Wilson hesitated to say the word. Checkup callers share how they were surviving tough economic times with host Dale Goldhawk.
Enjoy this special feed drop of our sister show "In This Economy?!" Following a negative performance for economic growth in the first quarter of 2026, the Canadian economy fell into what's been described as a "technical recession". While the headline was pounced on for political debate, with such a small decline (just a 0.1% contraction) and some parts of the economy still doing quite well, economists are downplaying the significance of all this recession talk. Nevertheless, under the weight of the trade war with the U.S., there are a lot of questions around the recent signals by the Bank of Canada even talking about hiking interest rates and whether the central bank will be changing its message to the markets next week with it's policy announcement on June 10th. Host Mike Eppel speaks with Royce Mendes, the managing director and head of macro strategy at Desjardins, about this so-called "recession", and what the consequences of reading too much into it might be. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky
On episode 245 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Neil Dutta and Skanda Amarnath to discuss: the AI investment boom, the state of the labor market, inflation risks, consumer spending, Fed policy, market breadth, whether this cycle is as unusual as it feels, and much more! This episode is sponsored by Nuveen and ClearBridge Investments. Learn more about Nuveen's comprehensive private markets platform at https://www.nuveen.com/en-us/insights/alternatives. Rising geopolitical tensions, continued market uncertainty, stocks backed by can offer more predictable cash flows as volatility increases. To learn more, go to https://www.clearbridge.com/ Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Blackstone's flagship private credit fund just did something it had never done before. Investors tried to pull out about 10% of the fund's shares. Blackstone finally and for the first time ever said, NO. The $79 billion Blackstone Private Credit Fund, known as B-CRED, told shareholders it would only allow 5% of shares to be redeemed. And this is where the story gets uncomfortable.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----------------------------------------------------------------------------------Blackstone's BCRED Caps Redemptions After Investors Seek 10%https://www.bloomberg.com/news/articles/2026-06-04/blackstone-bcred-joins-private-credit-funds-limiting-redemptionsAres' Jacobson Slams ‘Disconnect' Over Private Credit Headlineshttps://www.bloomberg.com/news/articles/2026-06-04/ares-jacobson-slams-disconnect-over-private-credit-headlinesPrivate Credit's Reckoning Is Written in the ‘Laws of Physics'https://www.bloomberg.com/news/articles/2026-06-03/private-credit-s-reckoning-is-written-in-the-laws-of-physicsAres Owed $547 Million After Collapse of Textor's Eagle Footballhttps://www.bloomberg.com/news/articles/2026-06-03/ares-owed-547-million-after-collapse-of-textor-s-eagle-footballhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
Mark Carney fends off accusations of driving Canada into a recession. What ordering the CRTC to back down over its 'Netflix tax' means for U.S. trade negotiations. And are some Liberal MPs chafing under Mark Carney's leadership style.Rosemary Barton hosts Chantal Hébert, Andrew Coyne and Althia Raj.
The private credit bust is no longer staying inside private credit. Investors are now pulling money out of a major Swiss private **equity** fund. As the guy once said, this is a big f-ing deal. For months, the story was supposed to be contained. A few private credit funds had redemption pressure. A few non-traded BDCs had to limit withdrawals. Some flighty investors supposedly misunderstood the liquidity terms. The industry's defense was simple: this is not a credit crisis. This is just a liquidity education problem.Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. --------------------------------------------------------------------------------Fresh Investor Retreat Reignites Debate on Private Credit Peakhttps://www.bloomberg.com/news/newsletters/2026-06-03/fresh-investor-exits-test-private-credit-faithfulPartners Caps Evergreen Fund Redemptions as Requests Risehttps://www.bloomberg.com/news/articles/2026-06-03/partners-group-gates-evergreen-fund-as-redemption-requests-riseWeakest BDCs' Bonds Risk Downgrade to Junk Within Six Monthshttps://www.bloomberg.com/news/articles/2026-05-29/weakest-bdcs-bonds-risk-downgrade-to-junk-within-six-monthsCliffwater Private Credit Fund Stung by 17% Redemption Requestshttps://www.bloomberg.com/news/articles/2026-06-02/cliffwater-private-credit-fund-stung-by-17-redemption-requestshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
Canada has entered a “technical recession,” leading to fingerpointing in the House of Commons and Donald Trump renewing his calls to make Canada the 51st state.Many economists are disputing that this is a recession at all. But whatever you call it, the economy is weak right now. It was weak before the trade war and it's been made weaker by the tariffs, the threats and the uncertainty.So how deep is this ditch that we are in, and how can we get out?Frances Donald, Senior Vice President & Chief Economist at RBC, joins us.For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts
Canada's economy has stalled. According to Statistics Canada, Canada's real GDP contracted 0.1 per cent on an annualized basis in the first quarter of 2026. In the previous quarter, there was a 1-per-cent annualized decline. Two consecutive quarters of decline has sparked debate in Ottawa and on Bay Street about whether the country is in a recession. Mark Rendell is The Globe's economics reporter. He's on the show to put these numbers in context, unpack the debate around what defines a recession, and what this says about Canada's economic landscape. Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode of the Woodpreneur Podcast, host Jennifer Alger sits down with Ben Pierce, a sixth-generation family member at the Holt & Bugbee Company, one of the oldest hardwood lumber businesses in the United States. At 201 years old, Holt & Bugbee Company has survived recessions, industry shifts, and the rise of synthetic flooring by doing what it's always done: adapting. Ben shares how the company evolved from importing mahogany from Central America to becoming a premier domestic hardwood wholesaler serving the East Coast from four branches in Massachusetts, Pennsylvania, and New York. You'll hear about what it was like to start working at the family business right as the 2008 recession wiped out 40 percent of their revenue overnight, and how the company held onto its sales team and pivoted toward higher-end, longer-length, wider material for luxury residential projects and architectural millwork firms. Ben talks about the shift from selling truckloads of commodity lumber to filling precise, high-dollar orders for coastal homes and custom molding work, and how COVID unexpectedly rewarded the company's ability to source, produce, and deliver when competitors couldn't. Ben also shares two of the best marketing stories you'll hear on this podcast. First, how he got Holt & Bugbee Company featured on This Old House by donating a white oak floor during their 200th anniversary year. And second, how a chance sighting of a century-old ghost sign on a Boston building during a duck boat tour led to a nine-month restoration project that landed coverage from WBZ, the Boston Globe, and local NPR. Both stories are masterclasses in creative, relationship-driven marketing in an industry where traditional advertising doesn't always apply. Jennifer and Ben also dig into the state of the hardwood industry, from the challenge of competing against synthetic flooring to why the next generation of consumers may actually swing the pendulum back toward authentic, sustainable, locally sourced wood products. Ben closes with advice for anyone born into a family business: get experience somewhere else first, then come back stronger. Chapters 00:00 Meet Ben Pierce and the 201-Year History of Holt & Bugbee Company 04:09 Surviving the 2008 Recession and Pivoting to Premium Lumber 08:11 Selling Strategy: High-End Markets and Custom Millwork 15:33 Marketing a 200-Year-Old Brand in a Modern World 20:55 Getting Featured on This Old House 24:48 The Ghost Sign: A Century-Old Discovery Turned Marketing Gold 29:49 The Future of Hardwood: Authenticity, Sustainability, and the Next Generation 35:37 Advice for the Next Generation in Family Business The Woodpreneur Podcast brings stories of woodworkers, makers, and entrepreneurs turning their passion for wood into successful businesses - from inspiration to education to actionable advice. Hosted by Steve Larosiliere and Jennifer Alger For blog posts and updates: woodpreneur.com See how we helped woodworkers, furniture-makers, millwork and lumber businesses grow to the next level: woodpreneurnetwork.com Empowering woodpreneurs and building companies to grow and scale: buildergrowth.io Connect with us at: Instagram: https://www.instagram.com/sawmillsnearme/ Facebook: https://www.facebook.com/woodpreneurnetwork/ Join Our Facebook Group! https://www.facebook.com/groups/woodpreneurnetwork Join our newsletter: https://substack.com/@woodpreneurnetwork You can connect with Ben at: https://www.holtandbugbee.com/ https://www.instagram.com/holtandbugbee/ https://www.facebook.com/holtandbugbee/
Special episode of the Unapollagetic Podcast featuring Kim's Korner where The Actual and Factual gives her take on relationship topics. Unapollagetic Brunch 6/27/26 11am tix available on Eventbrite.Are Black people valued equally under the law?Accountabilty disturbs peace?Are Women addicted to chaos in their relationships?Dating RecessionMarried Men do not cheat!
A.M. Edition for June 3. Heavy gunfire between U.S. and Iranian forces in the Persian Gulf tests a fragile ceasefire, while the OECD warns of multiple global recessions if the conflict isn't resolved by next year. Dow Jones economics editor Paul Hannon explains the risks and how the U.S.' new proposed tariffs on 60 countries would work. And an Iowa farmer pulls off an unexpected upset against a Trump-backed candidate in the state's GOP gubernatorial primary. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
European banks are doing something that looks irrational. The European Central Bank is increasingly likely to raise its short-term policy rates again. Oil prices are still elevated. Energy costs are feeding into headline inflation. ECB officials keep coming on hawkish. And normally, if you believe short-term rates are going higher, the last thing you're going to do is rush into government bonds. But European banks are doing exactly that. And in huge amounts. Eurodollar University's Money & Macro Analysis-------------------------------------------------------------If you have a retirement account and you've been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.To learn more, go to https://eurodollarcrypto.com.This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply---------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
In this episode, Jill sits down with her business mentor, James Wedmore, for a wide-ranging conversation about what it really takes to build a sustainable online business. James challenges listeners to stop identifying as "just a coach" and start thinking like a true business owner—one who asks not only what they want from their business, but what the business needs from them. He shares his origin story of launching Business by Design from a simple beta program with 25 people, now 60+ million dollars in sales later, and breaks down his three-phase approach to business growth anchored around a tested, irresistible offer. James also shares his opinion on the role of AI in business, raising concerns about entrepreneurs outsourcing both their voice and their strategic thinking to tools like ChatGPT, creating what he calls "the great average." The real opportunity lies in doubling down on human skills, particularly direct-response copywriting and authentic self-expression. For more reasons than just one, this moment in the internet space is a massive opening for anyone willing to do the hard, meaningful work. Join James's FREE Business Breakthrough Experience here! Connect with James on Instagram: https://www.instagram.com/jameswedmore/ Get on the waitlist for FBA: https://jillfitfree.com/fba-waitlist/ Get on the Waitlist for Strategy Lab: https://jillfitfree.com/strategy-lab-wait-list/ Catch the replay for Low Ticket Revolution! https://www.jillfitprograms.com/Low-Ticket-Revolution Jill is a fitness professional and business coach who effectively made the transition from training clients in person and having no time to build anything else to training clients online and actually being more successful. Today, Jill helps other coaches to do the same. Connect with me! Instagram: @jillfit | @fitbizu Facebook: @jillfit Website: jillfit.com
What if the silence in your meetings has nothing to do with confidence and everything to do with culture? Organizational psychologist Neelu Kaur joins Lori Adams-Brown to decode the invisible operating systems shaping how professionals communicate, advocate for themselves, and lead across cultures and organizational hierarchies. IN THIS EPISODE: - What the "self-trust recession" is and why it matters for global leaders right now - The paradox at the heart of corporate America: individualistic society, yet over-indexed workplaces - Why "just speak up" is incomplete advice when power dynamics are involved - The Abilene Paradox: how teams end up agreeing to decisions nobody actually wants - The difference between assimilation and adaptability at work and why organizations are getting it wrong ABOUT NEELU KAUR: Neelu Kaur is a global keynote speaker, organizational psychologist, and author of Be Your Own Cheerleader: An Asian and South Asian Woman's Cultural, Psychological, and Spiritual Guide to Self-Promote at Work. She partners with Fortune 500 companies to build transformative leadership cultures, holds a Master's in Social and Organizational Psychology from Columbia University, and is a certified NLP master practitioner. TIMESTAMPS: 00:00 - Introduction and Neelu's cross-cultural background (India to the US) 04:00 - The self-trust recession: outsourcing inner authority in the age of AI 08:00 - The I vs. We paradox in corporate America 12:00 - Assimilation vs. adaptability in hiring and onboarding 18:00 - Psychological safety and cultural assessments in executive teams 22:00 - Inclusion at work events: safety, restraint, and belonging 26:00 - Speed culture vs. strategic depth: the cost of always being on autopilot 36:00 - The Abilene Paradox and how groupthink silences the room Join us for the exclusive bonus episode on Patreon with Neelu. FIND NEELU KAUR AT: Website: https://www.neelukaur.com Book: Be Your Own Cheerleader (available where books are sold) Subscribe, leave a review, and share this episode. Visit https://www.aworldofdifferencepodcast.com for more resources. Learn more about your ad choices. Visit megaphone.fm/adchoices
Thanks to Monarch for partnering with me! Start your free trial and get 50% off your first year of total money clarity using my link https://monarchmoney.yt.link/k4lMFDZ or code euro50 for 50% Off Monarch Core tier.Oil is rebounding again and we have to ask whether it might be the final blow for an economy that was already on the edge to begin with. After all, in yesterday's video, steve and I showed you the income data that looks just like a recession. The energy shock is turning into something bigger. It is hitting consumers through gasoline and utility bills. It is hitting businesses through transportation, plastics, chemicals, shipping, and margins. It is hitting importers through their trade balances. And because oil is priced in dollars, we also have to consider the dollar part of this. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/eduhttps://youtu.be/olx4TSSz71w
Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC.
Canada has given the U.S. and Mexico official notice that it wants the free trade deal between the three countries to be renewed.And: Canada's GDP shrank two quarters in a row for the first time since 2020. It's not quite a full-blown recession, but it's getting a full-blown reaction from the opposition.Also: The World Meteorological Organization warns countries to start preparing now for the onset of El Niño. The weather pattern will likely return this year, bringing extreme weather with it. And the effects of climate change are likely to make things worse.Plus: Inside NORAD bunker preparing for World Cup, Canada's cloud computing problem, whooping cranes threatened by fire, massive Russian attack on Ukraine, and more.
Did a recession strike the US economy starting in October? Not just the forgot how to grow kind we've been grappling with for the last several years, but the all-out, NBER-style, full-blown contraction. Take a look at the data and the charts in this video, let's see what you think. And that data is coming from income series the NBER itself uses when it decides the recession question. 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----------------------------------------------------------------------------------CEOs Turn Pessimistic About US Economy as Supply Risks Mounthttps://www.bloomberg.com/news/articles/2026-05-28/ceos-turn-pessimistic-about-us-economy-as-supply-risks-mounthttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
There's a growing skepticism toward online coaches and internet marketers, so in order to run a successful online business, we have to overcome this. These feelings of distrust come from a combination of factors: low barriers to entry in the online coaching space leading to uneven coach quality, an oversaturated content landscape with contradictory information, widespread disillusionment with institutions like government and medicine, and rising suspicion around AI-generated content. Trust ultimately comes down to three pillars: competency, relatability, and consistency. So, rather than fearing the moment we're in, lean in to it. If you're doing genuine, high-quality work, a trust recession isn't a threat, it's an opportunity to stand out by calling out the problem openly, educating your audience on what to look for in a coach, and letting your track record speak for itself. Get on the waitlist for FBA: https://jillfitfree.com/fba-waitlist/ Get on the Waitlist for Strategy Lab: https://jillfitfree.com/strategy-lab-wait-list/ Catch the replay for Low Ticket Revolution! https://www.jillfitprograms.com/Low-Ticket-Revolution Jill is a fitness professional and business coach who effectively made the transition from training clients in person and having no time to build anything else to training clients online and actually being more successful. Today, Jill helps other coaches to do the same. Connect with me! Instagram: @jillfit | @fitbizu Facebook: @jillfit Website: jillfit.com
Canada just “unexpectedly” fell into a technical recession. But the important part is not just that Canada contracted. The important part is that Canada's contraction is lining up with the same weakness now spreading through France, the UK, Germany, Sweden, Mexico, and increasingly the rest of the global system. As one result, central bankers hawkishness is starting to seriously evaporate.Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. --------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUStarting today, I'll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu
Private credit has a new problem, and this one is different. For months, the story has been retail investors pulling money from private credit funds. But now we have something else. A Swiss pension fund redeeming shares from a Vista private credit vehicle helped force that fund to limit withdrawals. And that's before asking the question: is software credit the new subprime mortgage?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----------------------------------------------------------------------------------One Big Private Credit Investor Forced Vista's Fund to Limit Redemptionshttps://www.bloomberg.com/news/articles/2026-05-27/one-big-private-credit-investor-forced-vista-s-fund-to-limit-redemptionsNew CLOs at Blackstone, Guggenheim Boast Key Perk: Less Softwarehttps://www.bloomberg.com/news/articles/2026-05-27/new-clos-at-blackstone-guggenheim-boast-key-perk-less-softwarePrivate Credit's Exposure to Ailing Software Industry Is Bigger Than Advertisedhttps://www.wsj.com/finance/investing/private-credits-exposure-to-ailing-software-industry-is-bigger-than-advertised-d80da378Cracks in Private Credithttps://www.goldmansachs.com/pdfs/insights/goldman-sachs-research/cracks-in-private-credit/TOM_private%20credit_Redacted.pdfMyth-busting: Private credit liquidityhttps://blog.landg.com/categories/investment-strategy/myth-busting-private-credit-liquidity/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
JPMorgan just took the Goldilocks off the table. That is not a minor forecast change or some little tweak to a spreadsheet buried on page 47 of a Wall Street outlook. When one of the biggest banks in the world says “Goldilocks is leaving the building” and starts worrying about a **negative growth shock**, what they're really saying is something big has changed. Eurodollar University's Money & Macro Analysis--------------------------------------------------------------------------------Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. --------------------------------------------------------------------------------'Goldilocks is leaving the building': JPMorgan predicts negative growth shockhttps://www.msn.com/en-us/money/markets/goldilocks-is-leaving-the-building-jpmorgan-predicts-negative-growth-shock/ar-AA24066QSahm Says Sahm Rule Meant To Be Brokenhttps://www.bloomberg.com/news/videos/2024-08-08/claudia-sahm-says-the-sahm-rule-was-meant-to-be-broken-videohttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
The Indicator hosts Adrian Ma and Wailin Wong discuss their favorite econ and business movies.Fact checking by Sierra Juarez.Your Next Listen —Before La La Land, there was Fort Lee, New JerseyConnect with The Indicator — Sign up for The Indicator's brand new newsletter— Find our socials, YouTube and more!— For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy