Jeff Snider: It’s Official: Unemployment Is About to Hit the Fan

Eurodollar University, Released on 8/1/24

A whole bunch of bad data, much of it focused on deterioration in the US labor market (pre-July payrolls). That unleashed huge swings in rates markets and forward rates. One reason for all this is the historical pattern is perfectly clear. What we’re seeing right now happens EVERY TIME. No exceptions.

Jeff Snider is head of global investment research for Alhambra Investment Partners, a registered investment advisory based in Palmetto Bay, Florida. As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. Jeff is published nationally at RealClearMarkets, ZeroHedge, Minyanville and Yahoo!Finance. Jeff holds a FINRA Series 65 Investment Advisor License. His company Eurodollar University aims to educate the public on the evolution, nature, and nuances of the Eurodollar system and true monetary principles.

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