There were several key points from Jay Powell's speech at Jackson Hole which everyone seems to have missed. The market picked up on them, however, with SOFR futures reacting by pushing its inversion deeper and further out, now early 2027. What Chair Powell meant under everything he said was he finally gets the big Beveridge risk.
Eurodollar University's conversation w/Steve Van Metre
------------------------------------------------------------------------------------
I’m excited to share something I’ve negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER’ or filling out the form on the page I’ve linked below.
All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don’t miss out!
------------------------------------------------------------------------------------
Chair Powell's Jackson Hole Speech
https://www.federalreserve.gov/newsevents/speech/files/powell20250822.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
This video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank.
Your investment in precious metals through Glint is:
-Not insured by the FDIC.
-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.
-Subject to investment risks, including the possible risk of loss of the principal amount invested.
All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal. Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.
Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.
Eurodollar University's Money & Macro Analysis
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU