Blaming Amazon’s Prime Day, everyone is trying to work around yet another “unexpected” negative number. Following an “unexpected” drop in July payrolls, the Census Bureau now reports an “unexpected” drop in retail sales alongside an “unexpected” setback in consumer confidence and, yes, an “unexpected” decline in gasoline usage during peak driving season. None of this is unexpected, just the work of more mini-cycles.
Eurodollar University’s conversation w/Steve Van Metre
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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
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https://www.cnbc.com/video/2026/08/14/retail-sales-unexpectedly-fell-in-july.html
https://www.cnbc.com/video/2026/08/14/a-big-miss-on-retail-sales-in-july-heres-what-to-know.html
https://www.facebook.com/Reuters/videos/amazon-prime-day-to-gauge-us-consumer-strain/3972193316417707/
https://www.youtube.com/watch?v=yx7q-tX-BQY
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
I’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
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STEVE thank you for your short & honest answers, Jeff learn from Steve stop with the double talk KISS.
What years was Jeff last bullish? 30 years ago?
Anybody know?
Steeeeve
Everywhere I go, the restaurants are empty at lunch and dinner. The salons are empty. The bars are ghost towns. The people you do see out in stores are not shopping, they are just looking or window shopping… I see people getting two jobs, I see people giving up and having no job at all. Homelessness, Carless.. its everywhere here. What is the response from all the major companies? Keep raising prices higher and higher and higher, their CEO’s have to have insane profit margins, they have to fund their AI… I cancelled all of my “subscriptions” months ago. Netlflix and Youtube should be offering discounts that reflect the current economy, instead they are just doubling down on increasing the prices and this is everywhere in every industry, just look whats been going on with microsoft and sony. Gamers are going free to play or playing offline. The ability to play games online Xbox live or Sony used to be $60 a year. now its over double that. We are being priced out of apartments, houses, cars, bars, restaurants, shopping, games, I mean the list is endless. We are being priced out of relationships. We are being priced out of life. The most insane part to all of this, is the fact that this is just the beginning.
SVM is wrecking your show! I bail when I see him!