Thank you to Mint Mobile for partnering with us on this video! If you like your money, Mint Mobile is for you. Shop plans starting at $15 per month by visiting https://mintmobile.yt.link/Eq7EWES. Disclaimer: Upfront payment of $45 for 3-month 6 gigabyte plan required (equivalent to $15/mo.). New customer offer for first 3 months only, then full-price plan options available. Taxes & fees extra. See MINT MOBILE for details.Intel just suffered its worst trading day in more than half a century, wiping out nearly $140 billion in market value. And here’s the strange part: its data-center business grew almost 80% in a year. Not AI, the trouble is consumers. It's becoming impossible to ignore. McDonald’s is preparing another value deal. Wendy’s is confronting a different crisis as one of its largest franchisees filed for Chapter 11 bankruptcy protection.Then there’s Walmart. Eurodollar University's conversations w/Steve Van Metre----------------------------------------------------------------------------------Watch the replay of my last webinar to learn which warning signs to watch, and what they could mean for your portfolio. https://youtube.com/live/6Jjc1zQc-PwGet exclusive access to our webinar-only offer before it expires https://edu2.eurodollar.university/webinar---------------------------------------------------------------------------------https://www.youtube.com/watch?v=pRZsVg7kLv4https://www.today.com/video/walmart-us-ceo-on-affordability-whether-it-will-use-dynamic-pricing-272392773540https://www.bloomberg.com/news/articles/2026-10-25/ai-provides-zero-payoff-to-s-p-493-outside-tech-apollo-economist-says?srnd=phx-economics-v2https://www.youtube.com/watch?v=kwbJg2Kt2qchttps://www.youtube.com/watch?v=53w2lTS1AlQhttps://www.youtube.com/watch?v=hKdeghlhtXohttps://abcnews.com/video/131681127/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Amazon just spent more than $77 billion on AI and saw $42.4b in cash OUTFLOWS. Alphabet has now lost more than $500b in market value following its largest one-day stock decline ever. Microsoft, meanwhile, is offering voluntary buyouts to more than one-quarter of its global workforce as it attempts to contain costs and fund its own massive AI investments.These aren’t weak, speculative startups.Yet even they are conserving cash, finding new forms of financing and forcing investors to confront spending commitments that seem to grow after every earnings report.Credit markets have noticed.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----------------------------------------------------------------------------------Watch the replay of my last webinar to learn which warning signs to watch, and what they could mean for your portfolio. https://youtube.com/live/6Jjc1zQc-PwGet exclusive access to our webinar-only offer before it expires https://edu2.eurodollar.university/webinar---------------------------------------------------------------------------------https://www.bloomberg.com/news/articles/2026-10-30/tech-firms-debt-protection-costs-are-surging-on-profit-concerns?srnd=phx-industrieshttps://www.youtube.com/watch?v=_5zJLOI_74chttps://www.youtube.com/watch?v=hbD8XlrwN_whttps://www.youtube.com/watch?v=pJZ-ykYxN1Mhttps://www.youtube.com/watch?v=A-dxxTV1b_ohttps://www.youtube.com/watch?v=RdpG_BJ1ym0https://www.youtube.com/watch?v=A-dxxTV1b_ohttps://www.youtube.com/watch?v=0jU4nLhCeWYhttps://www.youtube.com/watch?v=tblanUooRQghttps://www.youtube.com/watch?v=wnEazOCvnSchttps://www.reuters.com/video/watch/idRW455330102026RP1/https://www.reuters.com/video/watch/idRW074516102026RP1/https://www.facebook.com/WorldNewsTonight/videos/tech-stocks-plunge-while-oil-companies-rake-in-huge-profit/1435869257948954/https://www.foxnews.com/video/6402875686112https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

HSBC just reported a 32% increase in pretax profit. And investors responded by dumping the stock as much as 7.5%. That sounds strange until you look at what was missing. That is the first clue. The second comes from the rest of Europe’s banks and what they are actually doing.And then there is France.Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.youtube.com/watch?v=jr7Cc6cIPxYhttps://www.youtube.com/watch?v=idj5zdQZJV0https://www.business.hsbc.com/en-gb/insights/global-economics-quarterly-running-out-of-gashttps://www.cnbc.com/video/2026/10/20/have-to-be-selective-with-data-center-investments-hsbc-ceo.htmlhttps://www.youtube.com/watch?v=3ZtifvwNY0Uhttps://www.ecb.europa.eu/stats/ecb_surveys/safe/html/ecb.safe202610.en.htmlhttps://www.foxnews.com/video/6407066219112https://www.bloomberg.com/news/videos/2026-10-26/does-france-answer-to-its-citizens-or-the-bond-market-videohttps://www.facebook.com/reel/3107441296129035https://www.bloomberg.com/news/articles/2026-10-27/french-consumer-confidence-hits-lowest-since-2013-after-riotshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Elon Musk just issued an extraordinary warning about the AI boom. Then Meta went to the stock market with a plan to raise roughly **$98 billion**, one of the largest equity-financing programs in history, to keep funding its AI expansion. And now we’ve learned that banks nearly backed away from a $63 billion financing package for Anthropic’s Broadcom chips and networking equipment.Think about what all of that means.Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://finance.yahoo.com/video/elon-musk-prediction-guppy-level-210840396.htmlhttps://finance.yahoo.com/video/elon-musk-predicts-many-neoclouds-will-experience-guppy-level-death-131438289.htmlhttps://www.reuters.com/video/watch/idRW325126102026RP1/https://www.youtube.com/watch?v=7tsqFCl298whttps://www.facebook.com/schwabnetwork/videos/meta-platforms-meta-announced-a-massive-equity-raising-plan-totaling-up-to-95-bi/1305754178299243/https://www.youtube.com/watch?v=dVciigPmRhEhttps://www.bloomberg.com/news/articles/2026-10-06/deeply-distressed-us-loans-rise-to-highest-level-since-pandemichttps://www.wsj.com/finance/broadcom-ceo-intervened-to-seal-63-billion-anthropic-debt-deal-c807754fhttps://finance.yahoo.com/technology/ai/articles/banks-reportedly-got-cold-feet-032746843.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Has the energy shock finally gone far enough—and lasted long enough—to start breaking things across the markets and the economy?The airlines may be the first major warning.JetBlue’s stock just plunged to its lowest level since the company went public in 2002. Then there’s Wizz Air. Faced with what it calls an “unprecedented” increase in fuel prices, the airline is cutting winter capacity and offering buyouts to pilots at its main UK base—because we don’t have layoffs in this incredibly resilient economy.But this story is much bigger than two vulnerable airlines.Eurodollar University's conversations w/Steve Van Metre----------------------------------------------------------------------------------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----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Did the credit cycle just completely flip — so, are stocks next?For more than a year, the warning signs were concentrated in the weakest parts of the system. Private-credit funds restricted. Leveraged loans. CCC-rated bond spreads. Distressed borrowers.Yet investment-grade credit remained completely calm. High-quality corporate debt was supposedly safe, and therefore the broader financial system—and the stock market—had little to fear.That assumption is now being directly challenged.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----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.bloomberg.com/news/articles/2026-10-22/rapid-junk-rout-amplifies-arini-s-losses-and-erases-sona-s-gainshttps://www.bloomberg.com/news/videos/2026-02-24/arini-cio-expects-defaults-disruption-in-credit-markets-videohttps://www.bloomberg.com/news/articles/2026-10-24/-total-meltdown-in-riskiest-debt-unnerves-market-credit-weeklyhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Fears about what Meta just reported have spread into bonds, both selling and buying, producing a huge UST rally...and more. Facebook's parent unleashed chaos with more capex and negative cash flow. Meta shares dropped more than 6%. Its bonds weakened relative to Treasuries. The price of credit protection on the company jumped to a record.And that was just the beginning of a big day in bond-land.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----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.youtube.com/watch?v=s9p-SLVYPpQhttps://www.facebook.com/yahoofinance/videos/meta-has-about-825-billion-in-future-spending-commitments-according-to-its-lates/2493620397789783/https://www.facebook.com/schwabnetwork/videos/meta-platforms-meta-shares-are-lower-after-the-company-reported-earningsmarley-k/1672494064888338/https://www.youtube.com/shorts/bIpkmH9TKfkhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Head to https://gamma.yt.link/iEOnZo5 to check out GAMMA 5 and start designing today!More AI information and realization this time is NOT different. Ken Griffin, head of Citadel, admits there are some bubbly behaviors in the space. We discuss the three big factors to watch as the bubble cycle continues to play out as if following the same script - because it is written by human nature. Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

Pending home sales in the United States just fell to the lowest level ever recorded. Not the lowest since mortgage rates went above 7%. Not the lowest since the pandemic.The lowest since the National Association of Realtors began tracking the data in 2001.Worse than 2020.Worse than 2008.And pending sales are not the only housing indicator flashing red.Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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

It's volumes, not dollars. How much product is actually being moved or not. What convenience stores are reporting isn't just more evidence for what the Census Bureau finally figure out in the wake of the massive retail sales downgrade. The energy shock is really dragging on Americans.Eurodollar University's conversation w/Steve Van Metre----------------------------------------------------------------------------------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----------------------------------------------------------------------------------Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUI’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