The Bank of England Just Sent a MASSIVE Warning to the World
Former hardcore hawk, the Bank of England pulled ahead of the Federal Reserve by rejoining the global race to the bottom. And it did so with what is being called a weird three-way split. The split was neither weird nor much of one. Instead what BoE did - and why - has already shown up here in the US. The latest confirmation comes from the Fed's very own data where job fears have exploded for the same reason(s) BoE is acting. Eurodollar University's Money & Macro AnalysisBank of England MPR May 2025https://www.bankofengland.co.uk/monetary-policy-report/2025/may-2025FOMC Chair May 2025 press conferencehttps://www.youtube.com/watch?v=8oX4RCJJXAMhttps://www.federalreserve.gov/mediacenter/files/FOMCpresconf20250507.pdfhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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23:17
NEW Report Shows Global Banks Are Dangerously Overexposed to Risk
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/Insiders are looking for the exits. Short selling sharks are circling. Regulated banks are majorly exposed to this credit segment, another one deep within the shadows. Could this explain why market signals remain near or at extremes? From swap spreads to gold ratios, there is deflationary everywhere in them and credit default swaps have cast their blame specifically toward banks. Eurodollar University's Money & Macro AnalysisBloomberg Short Sellers Bet Against Private Credit Lendershttps://www.bloomberg.com/news/articles/2025-05-03/short-sellers-bet-against-private-credit-lenders-credit-weeklyIMF Global Financial Stability Report April 2025https://www.imf.org/en/Publications/GFSR/Issues/2025/04/22/global-financial-stability-report-april-2025IMF Private Credithttps://www.imf.org/en/Blogs/Articles/2024/04/08/fast-growing-USD2-trillion-private-credit-market-warrants-closer-watchhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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22:34
Credit Default Swaps Are SURGING, Here's What You Need To Know
US sovereign CDS prices are soaring, not relenting after jumping during April. While mainstream sources will say that's this dollar-ditching stuff, neither the track record for CDS nor empirical evidence agrees. Government credit default swap premiums are set by one factor, and it has everything to do with the banking system. Eurodollar University's Money & Macro AnalysisSovereign and bank CDS spreads: two sides of the same coin?https://www.ucd.ie/geary/static/publications/workingpapers/gearywp201402.pdfMSCI The CDS Market’s View on US Defaulthttps://www.msci.com/www/blog-posts/the-cds-market-s-view-on-us/03820087801Bloomberg Oaktree Co-CEO Sees Private Credit Trades as Low as 50 Centshttps://www.bloomberg.com/news/articles/2025-05-02/oaktree-s-o-leary-says-deep-discounts-arising-in-private-credithttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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19:42
HOLY SH*T! The Global Currency Crisis Is Worse Than Anyone Expected
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/Another major safe haven currency has exploded higher, not just in early April but here in early May. It's gone so far already the local monetary authority has had to intervene. Over in Switzerland, the country report zero inflation for April. Along with the similar behavior of the franc, the Swiss central bank is looking at zero rates next month - if not negative given what both these currencies are doing. Eurodollar University's Money & Macro AnalysisBloomberg Hong Kong Dollar Tests Strong End of Trading Band for Second Dayhttps://www.bloomberg.com/news/articles/2025-05-05/hong-kong-dollar-tests-strong-end-of-trading-band-for-second-dayhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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21:32
BREAKING: Jobs Report Just Dropped — Here's What You Need to Know
The April employment report...wasn't what everything thought it was. Not even close. What has changed is the narrative surrounding what are shaky numbers all the way around. The question everyone is asking isn't if the labor market is "good enough", it's now whether it is "bad enough." Here's what the data actually says about that. Eurodollar University's conversations w/Steve Van Metrehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.
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