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Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson

Hidden Forces

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The Economic Cycle and the Failure of Eurodollar Futures

Jeff Smith: One of our listeners said, after listening to the second half of the podcast from Monday, I became a member of Eurodollar University. There was so much consistency, real economy, anecdotes, data with what markets were doing at the time it happened. The economy was never booming in 2021. That's why the curves were behaving the way they were. What they were saying is there would be a shock that would happen. We don't know what it is. And that would push everything over the edge.

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