Eurodollar University Episode 177, Part 1: Confirming Euro$ Inversion And Its Huge Signal

By |2021-12-15T12:46:48-05:00December 15th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

177.1 Eurodollar Warning Confirmed(?) by USA GER JPN & CHN———Ep 177.1 Summary———The Eurodollar futures curve inverted on December 1st - what's happened since? Also, does the American, German and Japanese sovereign bond market corroborate the Eurodollar futures warning? Lastly, does China's lowering of its bank Required Reserve Ratio buttress the E$ warning too? ———Ep 177.1 Topics——— 00:00 INTRO: Updating the [...]

Eurodollar University Episode 175, Part 3: Trick Question, Stock or Flow When It Comes to QE?

By |2021-12-10T19:57:47-05:00December 10th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

175.3 Trick Question: How Much QE Will Move the Bond Market———Ep 175.3 Summary———Since 2008 the pace of purchases, sales - and everything in between - has not affected the price of bond yields. Indeed, bond yields seem to go the opposite way of they're 'supposed' to act. But what about the stock of purchases? Is there a total, that once [...]

Eurodollar University Episode 175, Part 2: Euro$ Curve Inverts, So We Have To Talk *More* About It

By |2021-12-09T19:50:32-05:00December 9th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

175.2 RED ALERT: Eurodollar Futures Curve Inverts Pt. 2———Ep 175.2 Summary———When the US Treasury yield curve inverts it's a recession warning for the United States. What about when the Eurodollar futures curve inverts? That's a warning too; a monetary Red Alert for the entire world economy. On December 1st the Eurodollar curve inverted. Welcome to Hades. ———Ep 175.2 Topics——— 00:00 [...]

Eurodollar University Episode 175, Part 1: Euro$ Curve Inverts, So We Have To Talk About It

By |2021-12-08T16:11:05-05:00December 8th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

175.1 RED ALERT: Eurodollar Futures Curve Inverts Pt. 1  ———Ep 175.1 Summary———You've heard that when the US Treasury yield curve inverts it is a recession warning for the United States. What about when the Eurodollar futures curve inverts? That is a warning too. A monetary red alert for the entire world economy. On December 1st the Eurodollar curve inverted. ———Ep [...]

Eurodollar University Episode 168, Part 3: The Red Pill of Growth ‘Scare’

By |2021-12-03T20:07:23-05:00December 3rd, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

168.3 Economic Growth Scare: Are Markets Rightly Scared?———Ep 168.3 Summary———The nominal value of Chinese imports of iron ore, German exports and Japanese exports all look pretty, pretty good. But the unit volume is pretty, pretty awful. There are fewer units being utilized! This is an economic warning that is presently hidden behind hire prices (value = unit * price). ———Ep [...]

Eurodollar University Episode 168, Part 2: Given All That’s Going On, Good Time To Red-Pill Bond Market Skeptics

By |2021-12-02T19:57:11-05:00December 2nd, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

168.2 Federal Reserve HAS NOT rigged the bond market ———Ep 168.2 Summary———The Federal Reserve, and other central banks, buy tremendous amounts of government securities and this should impact bond prices. Should, but doesn't. That's because there's an even more powerful force than the Fed, the bond market itself. We review the 2007-19 evidence. ———Ep 168.2 Topics——— 00:00 INTRO: Has the Federal [...]

Eurodollar University Episode 168, Part 1: Market Already Declares Powell’s Second Term Over Before It Begins

By |2021-12-01T19:20:16-05:00December 1st, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

168.1 Market says Powell's Second Term Already a Failure———Ep 168.1 Summary———Jay Powell has been nominated by President Biden to serve another term as the Federal Reserve chair. Though his nomination has not even been heard by the US Congress, another group of people has already passed judgement on the second term: the bond market (and they say it'll be a [...]

Eurodollar University Episode 164, Part 3: What’s Wrong W/Money Velocity Is What’s Wrong About Money Supply

By |2021-12-01T19:05:29-05:00November 30th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

164.3 Economists Can't Define Money nor Observe Velocity———Ep 164.3 Summary———M1 and M2 once informed central bank decisions. But the monetary aggregates were so narrowly defined that they were, in effect, mere keyholes that offered policymakers an unsatisfactory, and often-enough misleading, peek into the great monetary hall. ———Ep 164.3 Topics——— 00:00 INTRO: How to define money? What is money velocity? The [...]

Eurodollar University Episode 164, Part 2: The Chinese Have Sent A Specific Message From The CCP’s Sixth Plenum

By |2021-11-29T19:36:51-05:00November 29th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

164.2 Beijing's Sixth Plenum Confirms World Economy Stinks ———Ep 164.2 Summary———Beijing reconfirmed what was made clear in 2017, during the 19th National Party Congress: the economic boom was over and it is time to prepare for it. If anyone in the West would care to listen, the Central Committee is referring not only to China but the entire global economy. ———Ep [...]

Eurodollar University Episode 164, Part 1: From The Only Perspective That Matters (global $s), Inflation Never Had A Chance

By |2021-11-29T17:20:52-05:00November 29th, 2021|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

164.1 TIC-ked Off About Not Enough Money to Recover Global Economy———Ep 164.1 Summary———America's September 2021 Treasury International Capital data corroborates dis/deflationary indications observed across various sources, the vast majority of which imply there's not enough money, and/or it's inadequately distributed, for the global economy to achieve permanent recovery. ———Ep 164.1 Topics——— 00:00 TIC: Consistent, Coherent, Corroborated, Inflation Never Had A [...]

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