The Recession Has Hit The Job Market

The July payroll report confirmed the US economy is heading for trouble. Key parts of it showed recession has likely already begun. As reality dawns across the marketplace, focus turns to what comes next now that the soft landing didn't land.

Eurodollar University's Money & Macro Analysis

[DebeaumontCadiz]

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[thehighpriest]

This is the hardest point I’ve ever been in to find a job

[CatherineMason]

Let's be very clear about one thing. The "market" has been massively wrong on what the Fed should do with the funds rate for at least 2.5 years now. In early 2022 before the Fed even started hiking, the market was already forecasting rate cuts to happen by end of 2022. The market at the start of 2024 had 7 rate cuts for 2024. Laughable to suggest the Fed is the one that has been getting this wrong. It has proven out that they were right to start hiking in early 2022, aggressively ramp up that funds rate, and then keep it at the terminal rate until now. Also, the Fed on numerous occasions has stated that a recession will likely occur as a result of this hiking cycle. The market consensus has been no or soft landing, which is another thing they will be massively wrong been engaged in active trading and managed to grow a nest egg of around 140k to a decent 539k....I'm especially grateful to Whitney Eston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[mariocondello]

Two of my buddies were layed off last week.

[TheThorns]

Just lost my job on Friday and then I lost a significant amount in the stock market on Friday. Also seeing more losses today. WTF is going on!

[Elserag]

i guess i graduated in the wrong year..

[Peterl]

This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

[mateobaysa]

$35 trillion plus and counting, bubbles, layoffs, Americans are pinching pennies, divisions amongst Americans, etc… Not going to end well for Uncle Sam.

[gregorysagegreene]

Ironically, all those denialists, who refused to see this coming, over the past three years could be on the 💩-can list now.

[ihtfp]

It’s about damn time this party got started.

[johnhopkins]

These videos hit a little differently now that I was laid off last week...let's hope the powers that be can get things in order as soon as possible!

Longtime fan of the show, Jeff! Keep up the great work.

[User-pulc]

Now that the recession is starting, will be interested to see if this channel will also identify when things get too overblown…

[pztiger_]

"They are hitting the wall and there are going to be no skid marks." beautifully put.

[kqh]

You had me until you brought Van Metre on. I can't take a guy seriously who has flames and bearish titles on all of his videos

[cryptolatino]

Eurodollar nailed it right on the head, financial markets are bleeding profusefully, he called this debacle a couple months in advance.

[HughJass-jvlt]

Fret Not, guys....

Recessions are *TRANSITORY!*
❤😜❤

[thomasotoole]

My Sunday Night EuroDollar podcast.. Me favorite podcast..

[okaydamian]

The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.

[vimvrcp]

Never seen two guys so happy the economy is going to shit, just to say "I told ya so."

[neuropsidoc]

Steve has been waiting years for this moment. Wives are expensive. Best of luck!😊