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.
#china #recession #inflation #deflation #industrial #spending #money
China's GDP report as well as its monthly statistics confirm first reopening isn't just completely dead, instead the entire econom…
#recession #inflation #deflation #globaltrade #india #credit #bank
India reported a huge drop in exports, one of its worst on record. A major US food producer says demand has worsened to the point som…
#recession #inflation #deflation #taxes #employment #unemployment
Individual income tax payments to Uncle Sam are running almost half a trillion (with a "T") behind same months in FY 2022. Withholding…
Great Inflation 2, or soft landing? Those are the only two choices we're given for #inflation #deflation #recession when neither of those was ever likely. The reasons why the soft landing isn't happe…
The Chinese aren't taking their #eurodollar #dollar woes weakening yuan lying down #recession. But they aren't doing a whole lot meaningful about it, either. Why and why not? That's the (euro)dollar …
#Consumer #spending is down already and now we're getting data which shows by how much, #recession. There's no #inflation here. Disney theme parks are empty, consumer #credit is actually contracting,…
China reported some of the worst #inflation consumer and producer price estimates in its modern history, within range of the worst parts of 2009. Such damaging #deflation shows #globalrecession #rece…
It's the greatest story no one wants to tell. Money printing. Inflation. Deflation. Interest rates. Crash. The Fed. What is QT? What was QE really? They're all lies and you don't have to take my wor…
Saudi Arabia extended its #oil production cuts for another month. Given what the Japanese reported for #income, not hard to see why #recession Plus, US bank #credit crunch accelerated at the end of J…
June #payrolls #jobs data stumbled badly. Worse, previous months were revised a lot lower erasing prior acceleration. The #unemployment rate went lower, though that was the lone bright spot (which yo…
Central banks want rates to go up but markets have largely resisted. Upping the ante, the FOMC admits there's going to be a recession but claims it will raise its rates anyway. As a result, this push…
Central banks have said inflation risks are all in core price numbers. Here's yet another core instead deeply in deflation, so bad it fell at a rate we haven't seen since the worst part of the Great …
The manufacturing recession has reached its critical point where producers have to decide to keep workers or start laying them off. Unemployment is now rising because the second half economic rebound…
Federal bank regulators are issuing guidance to banks to do everything they can potentially limit any credit losses. With recession bearing down and loan portfolios exhibiting initial signs of major …
Despite stubborn core inflation rates in the US and Europe, each economy is exhibiting more and more definite signs of recession and deflation. Unemployment is up in Europe's biggest economies and US…
While Q1 GDP was revised higher for the US, that's looking back at what is now ancient history. Looking ahead at Q2 and beyond, not just recession perhaps worse in huge part because of what's being u…
The deflation and banking crisis which really began last fall that has now become a full-blown credit crunch and recession was far more about collateral shortages than anything else. It sure wasn't r…
China's yuan currency has been incredibly weak to the point authorities in Beijing have been unable to successfully intervene against the dollar. It spells worldwide trouble given falling CNY is a de…
The global economy is accelerating to the downside into more than just a short, shallow recession. It is instead sped along in the deflationary direction by the fallout from the March banking crisis …
Economic conditions have worsened recently indicating the economy shifting gears from shallow downturn to full-blown recession. With new sales sinking, companies all over are ready to face their deci…