Eurodollar University

The most important number in private credit right now is not a default rate. It’s not a dividend yield or the size of the market. It’s **16.8%**. That is how much of Apollo Debt Solutions’ outstanding shares investors asked the firm to buy back in the second quarter. The reason that number is such a big deal is because last quarter, redemption requests were already high at around **11%**.

So this is not fading or stabilizing. The bust is accelerating.

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

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

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

Britain just lost another prime minister. Keir Starmer, the man who came to power in 2024 with one of the biggest election victories in modern British history, resigned today after less than two years in office. But this is not just some Westminster drama. The real question today is this: Are President Trump and Republicans in Congress watching? Are they paying attention? Are they next?

Eurodollar University's Money & Macro Analysis

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

Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to:

 https://EurodollarGold.com or text EURO to 35052. 

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

https://www.foxnews.com/video/6399083401112
https://www.nbcnews.com/video/shorts/uk-pm-keir-starmer-resigns-265455173994
https://www.bbc.com/news/videos/c4ngz15zdl9o
https://www.youtube.com/watch?v=Tf4hlUpKu70

Burnham ally to unveil ambitious plan to reverse decades of privatisation
https://www.theguardian.com/politics/2026/jun/21/burnham-ally-to-unveil-ambitious-plan-to-reverse-decades-of-privatisation

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

Swiss bond yields are almost back at zero. The key two-year instrument yields just a couple of basis points and is very likely going to be negative again relatively soon. As we know, Swiss interest rates have very little to do with Switzerland. As a global money center, this is where money goes when it doesn’t want to be anywhere else – even to the point international financials are willing to accept zero return to be there. 

Eurodollar University's conversation w/Steve Van Metre

-------------------------------------------------------------------------------
If you have a retirement account and you’ve been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.
BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.

To learn more, go to https://eurodollarcrypto.com.

This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

China’s $300 Billion Pile of Bad Consumer Debt Threatens Economy
https://www.bloomberg.com/news/articles/2026-06-17/china-s-economy-recovery-threatened-by-300-billion-in-bad-consumer-debt

China’s Tilt to Bonds From Loans Gives PBOC Broader Easing Tool
https://www.bloomberg.com/news/articles/2026-06-18/china-s-tilt-to-bonds-from-loans-gives-pboc-broader-easing-tool

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

Something very strange is happening in global markets and in particular one key eurodollar signal that hardly anyone pays much attention to. Everywhere you look, investors are acting like the party is back on. U.S. stocks are surging. Tech stocks are ripping. Semiconductors are 1999-ing it right now. But then there is Hong Kong. Its main stock index, the Hang Seng is not joining the celebration. It’s going in the opposite direction and has for some time now. That’s big because HK is a major Asian money center for not just mainland China. 

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

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

China’s $300 Billion Pile of Bad Consumer Debt Threatens Economy
https://www.bloomberg.com/news/articles/2026-06-17/china-s-economy-recovery-threatened-by-300-billion-in-bad-consumer-debt

China’s Tilt to Bonds From Loans Gives PBOC Broader Easing Tool
https://www.bloomberg.com/news/articles/2026-06-18/china-s-tilt-to-bonds-from-loans-gives-pboc-broader-easing-tool

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

Oil prices are down big. And if you only looked at the headline, the explanation seems obvious: Iran peace deal, supply normalization, geopolitical risk premium coming out. Except that is not what the market is really saying. Or should I say markets plural. There is a lot going on across various curves that shed a very different light on the crude plunge. Big changes in Treasuries, huge, huge shift in TIPS, more than you’d think, and of course oil prices themselves. 

Eurodollar University's Money & Macro Analysis

-------------------------------------------------------------------------------
If you have a retirement account and you’ve been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.
BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.

To learn more, go to https://eurodollarcrypto.com.

This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

Oil Market Report - June 2026
https://www.iea.org/reports/oil-market-report-june-2026

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

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

Private credit is changing again. And this time, the story is not just that investors are still trying to pull money out. That is still happening, of course, with BlackRock the latest name too see a huge run. But now there is another problem. It is not only that current investors want out. It is that new investors aren’t coming in. That is a much bigger shift.

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

Private Equity Faces Reckoning With Struggle to Clear Buyout Backlog
https://financialpost.com/pmn/business-pmn/private-equity-urged-to-capitulate-to-clear-buyout-backlog

Private credit boom cools as lending, flows slow sharply
https://www.reuters.com/legal/transactional/private-credit-boom-cools-lending-flows-slow-sharply-2026-06-05/

Investors choosier about private markets after turbulence, say pension fund advisers
https://finance.yahoo.com/markets/stocks/articles/investors-choosier-private-markets-turbulence-134931562.html

Morningstar Report Finds Semiliquid Fund Market Nears $600 Billion as Private Credit Loses Steam
https://newsroom.morningstar.com/news/news-details/2026/Morningstar-Report-Finds-Semiliquid-Fund-Market-Nears-600-Billion-as-Private-Credit-Loses-Steam/default.aspx

Essentials of Private Equity
https://www.blackstone.com/pws/essentials-of-private-equity/

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

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

China just hit another record, though not the kind officials want to talk about. Not record growth. Not record confidence. Not record consumer spending. A record decline in household borrowing. Chinese households are not just borrowing less. They are pulling back at a pace we have not seen before in comparable data. And that is the real warning because this is exactly where China’s worsening downturn becomes much harder to explain away.

Eurodollar University's Money & Macro Analysis

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

Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to:

 https://EurodollarGold.com or text EURO to 35052. 

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

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

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

Most people think they understand the dollar. When the dollar goes up, they think that means America is strong. Good economy. Good policy. Maybe the Federal Reserve is doing a good job and investors are “choosing America.” And when the dollar goes down, they think that must be bad. Inflation. Debasement. Money printing. The end of dollar dominance and the famous “dollar doom” story. But what if those are completely backwards?

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

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home

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

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

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

India is now being forced to ration diesel fuel for the first time maybe ever. At the same time, global stocks of crude oil are at their lowest since 2003. Even inventories here in the US have been drained to levels we haven’t witnessed in 20 years. In other words, as hopes for a peace deal with Iran rise, our attention must now turn to this critical next stage. While the conflict might subside, hopefully, this thing is far from over. 

Eurodollar University's conversation w/Steve Van Metre

-------------------------------------------------------------
If you have a retirement account and you’ve been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.
BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.

To learn more, go to https://eurodollarcrypto.com.

This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply
---------------------------------------------------------------

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home
-------------------------------------------------------------------

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

The European Central Bank just raised rates on Thursday into an economy that is already shrinking. That sentence should sound familiar, because Europe has done this before. Not once. Twice. The two questions we now want to ask are, first, whether the ECB’s action will pull others including the Fed into this rate hiking gambit. Second, how long could they hang on hawking before they have to turn around. And what can the markets tell us about both. 

Eurodollar University's Money & Macro Analysis

-------------------------------------------------------------
If you have a retirement account and you’ve been wondering whether crypto belongs inside it, BlockTrustIRA is something worth looking into. Most crypto IRA platforms are self-directed. They give you access, but you still have to decide what to buy, when to sell, and when to rebalance.
BlockTrustIRA is different. Right now, eligible viewers can get up to a $2,500 crypto bonus when they open and fund an account. Terms, conditions, funding minimums, and eligibility requirements apply.

To learn more, go to https://eurodollarcrypto.com.

This is a Paid advertisement. Not financial, investment, tax, or retirement advice. Crypto is volatile and may lose value. Past performance does not guarantee future results. Terms apply
---------------------------------------------------------------

Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let's fix that. 

Sunday, June 28 @ 5:30pm ET. Sign up below. 
https://webinar.eurodollar-university.com/home
-------------------------------------------------------------------

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