If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:
http://www.monetary-metals.com/Snider/
The Treasury Secretary spoke through the financial media to Jay Powell. He had a very simple message for the Fed Chair: pay attention to the 2s. And Ronald McDonald. It's not just the Treasury market. If only that was the case, there is also a close relationship - therefore strong warning - coming via the oil market, too. This is already why OPEC is itself shifting to recession economics.
Eurodollar University's Money & Macro Analysis
Bloomberg Bessent Says Two-Year Treasuries Signaling Fed Should Cut
https://www.bloomberg.com/news/articles/2025-05-01/bessent-says-two-year-treasuries-are-signaling-fed-should-cut
Bloomberg Understanding the Unlikely Saudi Push for Lower Oil Prices
https://www.bloomberg.com/opinion/articles/2025-05-01/opec-puzzle-understanding-the-saudi-push-for-lower-oil-prices
CNN McDonald’s just had its worst quarter since Covid. It said customers are getting nervous
https://www.cnn.com/2025/05/01/investing/mcdonalds-earnings-first-quarter-2025
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
