Eurodollar University

Has the energy shock finally gone far enough—and lasted long enough—to start breaking things across the markets and the economy?

The airlines may be the first major warning.

JetBlue’s stock just plunged to its lowest level since the company went public in 2002. Then there’s Wizz Air. Faced with what it calls an “unprecedented” increase in fuel prices, the airline is cutting winter capacity and offering buyouts to pilots at its main UK base—because we don’t have layoffs in this incredibly resilient economy.

But this story is much bigger than two vulnerable airlines.

Eurodollar University's conversations w/Steve Van Metre

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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

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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Did the credit cycle just completely flip — so, are stocks next?

For more than a year, the warning signs were concentrated in the weakest parts of the system. Private-credit funds restricted. Leveraged loans. CCC-rated bond spreads. Distressed borrowers.

Yet investment-grade credit remained completely calm. High-quality corporate debt was supposedly safe, and therefore the broader financial system—and the stock market—had little to fear.

That assumption is now being directly challenged.

Eurodollar University's Money & Macro Analysis

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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

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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

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https://www.bloomberg.com/news/articles/2026-10-22/rapid-junk-rout-amplifies-arini-s-losses-and-erases-sona-s-gains
https://www.bloomberg.com/news/videos/2026-02-24/arini-cio-expects-defaults-disruption-in-credit-markets-video
https://www.bloomberg.com/news/articles/2026-10-24/-total-meltdown-in-riskiest-debt-unnerves-market-credit-weekly

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Fears about what Meta just reported have spread into bonds, both selling and buying, producing a huge UST rally...and more. Facebook's parent unleashed chaos with more capex and negative cash flow. Meta shares dropped more than 6%. Its bonds weakened relative to Treasuries. The price of credit protection on the company jumped to a record.

And that was just the beginning of a big day in bond-land.

Eurodollar University's Money & Macro Analysis

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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

----------------------------------------------------------------------------------

Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.youtube.com/watch?v=s9p-SLVYPpQ
https://www.facebook.com/yahoofinance/videos/meta-has-about-825-billion-in-future-spending-commitments-according-to-its-lates/2493620397789783/
https://www.facebook.com/schwabnetwork/videos/meta-platforms-meta-shares-are-lower-after-the-company-reported-earningsmarley-k/1672494064888338/
https://www.youtube.com/shorts/bIpkmH9TKfk

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Head to https://gamma.yt.link/iEOnZo5 to check out GAMMA 5 and start designing today!

More AI information and realization this time is NOT different. Ken Griffin, head of Citadel, admits there are some bubbly behaviors in the space. We discuss the three big factors to watch as the bubble cycle continues to play out as if following the same script - because it is written by human nature. 

Eurodollar University's Money & Macro Analysis

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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Pending home sales in the United States just fell to the lowest level ever recorded. Not the lowest since mortgage rates went above 7%. Not the lowest since the pandemic.

The lowest since the National Association of Realtors began tracking the data in 2001.

Worse than 2020.

Worse than 2008.

And pending sales are not the only housing indicator flashing red.

Eurodollar University's Money & Macro Analysis

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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

It's volumes, not dollars. How much product is actually being moved or not. What convenience stores are reporting isn't just more evidence for what the Census Bureau finally figure out in the wake of the massive retail sales downgrade. The energy shock is really dragging on Americans.

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

----------------------------------------------------------------------------------

Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

I have never seen anything like this before.

With the stroke of the Census Bureau’s pen, more than 5% of retail sales…disappeared. Five.

Not a single volatile category. Not some tiny seasonal adjustment. One-twentieth of the entire retail-sales universe—consumer spending on goods and some services—was erased from the data going all the way back to 2022.

Gone.

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

----------------------------------------------------------------------------------

Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42

---------------------------------------------------------------------------------

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Everyone is talking about rate hikes and hot inflation.

Yesterday’s CPI was supposedly another reason to sell Treasuries. Today’s PPI was supposed to confirm it. Yields initially surged, commentators dusted off the usual higher-for-longer clichés, and the Federal Reserve’s imagined war against inflation was once again declared the only story that mattered.

Then the bond market rejected the entire narrative.

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

----------------------------------------------------------------------------------

Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oct9-fyrf

---------------------------------------------------------------------------------

https://www.youtube.com/watch?v=-pTkZtZKLEs
https://www.reuters.com/business/retail-consumer/global-smartphone-shipments-record-worst-third-quarter-14-years-amid-memory-2026-10-12/
https://www.youtube.com/watch?v=kwbJg2Kt2qc

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Everyone thinks the private-credit “crisis” is contained.

Bank officials say the financial system remains resilient. Central bankers barely mention private credit. And when the mainstream media covers the subject, the story is usually reduced to investor withdrawals from a handful of isolated funds.

And then we’re told the underlying loans are still performing, so there’s nothing broader to worry about.

But that story is *badly* out of date.

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

----------------------------------------------------------------------------------

Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oct9-fyrf

---------------------------------------------------------------------------------

https://www.bloomberg.com/news/articles/2026-10-08/private-credit-firms-see-rare-growth-shortcut-with-bdcs-for-sale
https://www.bloomberg.com/news/articles/2026-10-13/australia-regulator-halts-another-credit-fund-amid-crackdown
https://www.youtube.com/watch?v=g8EBfRk1rd0
https://www.youtube.com/watch?v=w52HnELv4yQ
https://www.linkedin.com/posts/bloombergtelevision_goldman-ceo-solomon-sees-no-systemic-crisis-activity-7388840943484825600-1wVD
https://www.youtube.com/watch?v=a9oq00DvS_4
https://www.youtube.com/watch?v=Za6fD8_Kql8

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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

Paul Tudor Jones is a legendary investor who made a fortune betting against the stock market during the 1987 crash. And now, almost 40 years later, he's just announced that he plans to
short the stock market for the entirety of 2027.

But here's what makes this particularly interesting. He actually thinks stocks could go even higher before the market turns.

And that's exactly what should concern investors.

Eurodollar University's Money & Macro Analysis

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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 

Reserve your spot:  https://go.eurodollar-university.com/oct9-fyrf

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https://www.cnbc.com/2026/10/13/paul-tudor-jones-2027-really-challenging-year.html
https://www.reuters.com/world/asia-pacific/broadcom-ceo-says-biggest-hurdle-ai-fuelled-tech-growth-is-capital-not-memory-2026-10-12/

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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