
Jeffrey P. Snider
@jeffsnider_edu
Host Eurodollar University channel. Monetary science reborn. Putting central banks where they belong.
ID: 2511153668
https://linktr.ee/eurodollaruniversity 20-05-2014 18:49:09
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We've been tracking extreme values across key financial indicators—and they’re not backing off as May kicks in. Covered CHF and HKD yesterday. Swap spreads before that. Gold ratios before those. But this one might be the most important yet. It’s about banks. And it’s not easing.

If you’re only looking at stock prices, the economy seems fine. But under the surface? Global financial stress indicators are lighting up — and none of them are backing off. Here’s what’s happening: Swap spreads are near record lows — a major warning sign for liquidity in the





Everyone said risk was back. That the worst was behind. That stimulus would juice credit. This week shredded that narrative. 🇨🇳 China CPI? Down for the third consecutive month. PPI? -2.5%. Deflation isn't done - demand remains frail. 🇯🇵 Japan Eco Watchers: sentiment sank.

Mainstream media cheered the rebound (and the trade deal). Said that sentiment was turning. That the worst was over. But the cracks are still there. 🇺🇸 US CPI increased to 2.3% year-over-year - marking the lowest 12-month "inflation" rate since February 2021 (sluggish demand and

The layoffs are just beginning. Microsoft just slashed jobs again. Not because it’s in trouble—but because it can’t pass rising costs to customers. CPI came in “cool”… but it’s not good news. It’s proof the economy is too weak to handle cost pressures—so firms are cutting




Everyone’s freaking out because Moody’s just downgraded U.S. government debt. But what if I told you… That’s not even close to the real crisis? Because here’s what no one’s talking about: The government is already broke — It’s been broke. And yet… the market just keeps



