BREAKING: Verizon Firing 15% of Workers!! (What You Must Know)
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
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23:25
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23:25
BREAKING: MORE Private Credit Losses Just Hit
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
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20:58
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20:58
Wendy's Just Sent a HUGE Warning About The Economy
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
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19:29
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19:29
This Is What Governments Do Right Before It All Falls Apart
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
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20:29
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20:29
The CarMax Collapse Exposes What’s Coming for the Entire Credit System
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
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.