Jeff Snyder (continued)
The convoluted logic on the podcast grows more insane with each episode. The last episode with Williamson takes the cake. Playing games with relative value when some used car is increasing in price. No, it’s not because the car has more value to the beholder you imbeciles. It make me wonder what kind of junk Alhambra investments is pushing. This is why Snyder avoids talking about asset inflation like the plague. We’re just going to be switching from asset price inflation to cost inflation with a big bust in between. Snyder is fixated on the velocity of money. Yet any graph shows this is a lagging indicator of inflation not a leading one. Find another indicator. How do you get any coherent signals at all from the bond market when the Fed is buying the remainder? Same for the Japanese treasuries which have had overt yield curve control since 2016. If a car dealer knew that all of his cars would be sold as a fleet sale at the end of month if all regular buyers disappeared, how much would the price change? Snyder needs to understand that the 90s are over and bond signals tell us nothing. What defines this financial era is a stunning near lack of signals altogether given the monetary experimentation at hand.
James894875 via Apple Podcasts · United States of America · 07/23/21
More reviews of Eurodollar University
I am very excited for this podcast and I hope the episodes will continue to 1000+
fadibaza via Apple Podcasts · United States of America · 05/30/20
Emil and Jeff bring the right mix of knowledge and humour making this a favourite.
myname is taken via Apple Podcasts · Canada · 07/02/21
Okay to listen when you have nothing else to listen… Sorry nothing personal but not a big fan how Emil talks sounds really fake. Jeff is okay but his way of thinking is pretty narrow in the ED world that unfortunately is ignoring all other factors. The curve inversion from last year is not a good...Read full review »
Propcandy via Apple Podcasts · United States of America · 07/25/22
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