Is The Yield Curve’s Recession Signal Wrong?Jeff Snider

Jeff Snider, an expert on macroeconomics and the Eurodollar system, joins to dissect the inverted yield curve and its reliability as a recession predictor. He discusses subtle economic indicators hinting at a slowing economy, particularly through hiring patterns. The conversation delves into modern banking challenges and credit dynamics, highlighting risks in private credit and the evolving landscape of financial intermediation. Snider also analyzes the complexities surrounding interest rates and the Eurodollar system's significance in the global economy.