EPISODE · Apr 3, 2025 · 18 MIN
The ENTIRE Global Economy Just Entered Recession
from Eurodollar University · host Jeff Snider
Downgrade fever is here. It's coming in from private sources as well as central banks, in the US as well as outside of it. The global economy's loss of momentum has become too much to ignore any longer. While that just means everyone will blame tariffs, all those are doing is waking everyone up to what's been happening for some time already.Eurodollar University's Money & Macro AnalysisAtlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnowBloomberg Fed’s Goolsbee Warns of Tariff-Induced Pullback in Spendinghttps://www.bloomberg.com/news/articles/2025-04-01/fed-s-goolsbee-warns-of-tariff-induced-pullback-in-spendingCNBC #RecessionIndicator: Young Americans are losing confidence in the economy — and it shows onlinehttps://www.cnbc.com/2025/03/27/young-americans-are-losing-confidence-in-economy-and-it-shows-online.htmlCNBC First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC surveyhttps://www.cnbc.com/2025/03/31/first-quarter-gdp-growth-will-be-just-0point3percent-as-tariffs-stoke-stagflation-conditions-says-cnbc-survey.htmlBloomberg Pimco Favors Stable Returns From Bonds as Recession Risk Buildshttps://www.bloomberg.com/news/articles/2025-04-01/pimco-favors-stable-returns-from-bonds-as-recession-risk-buildsOECD March 2025https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2025_89af4857-en.htmlOECD December 2024https://www.oecd.org/en/publications/2024/12/oecd-economic-outlook-volume-2024-issue-2_67bb8fac.htmlOECD November 2010https://www.oecd.org/content/dam/oecd/en/publications/reports/2010/12/oecd-economic-outlook-volume-2010-issue-2_g1ghbb4a/eco_outlook-v2010-2-en.pdfBloomberg France’s 2025 Economic Growth Forecast to Be Cut, Minister Sayshttps://www.bloomberg.com/news/articles/2025-04-02/france-s-2025-economic-growth-forecast-to-be-cut-minister-sayshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
What this episode covers
Downgrade fever is here. It's coming in from private sources as well as central banks, in the US as well as outside of it. The global economy's loss of momentum has become too much to ignore any longer. While that just means everyone will blame tariffs, all those are doing is waking everyone up to what's been happening for some time already.Eurodollar University's Money & Macro AnalysisAtlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnowBloomberg Fed’s Goolsbee Warns of Tariff-Induced Pullback in Spendinghttps://www.bloomberg.com/news/articles/2025-04-01/fed-s-goolsbee-warns-of-tariff-induced-pullback-in-spendingCNBC #RecessionIndicator: Young Americans are losing confidence in the economy — and it shows onlinehttps://www.cnbc.com/2025/03/27/young-americans-are-losing-confidence-in-economy-and-it-shows-online.htmlCNBC First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC surveyhttps://www.cnbc.com/2025/03/31/first-quarter-gdp-growth-will-be-just-0point3percent-as-tariffs-stoke-stagflation-conditions-says-cnbc-survey.htmlBloomberg Pimco Favors Stable Returns From Bonds as Recession Risk Buildshttps://www.bloomberg.com/news/articles/2025-04-01/pimco-favors-stable-returns-from-bonds-as-recession-risk-buildsOECD March 2025https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2025_89af4857-en.htmlOECD December 2024https://www.oecd.org/en/publications/2024/12/oecd-economic-outlook-volume-2024-issue-2_67bb8fac.htmlOECD November 2010https://www.oecd.org/content/dam/oecd/en/publications/reports/2010/12/oecd-economic-outlook-volume-2010-issue-2_g1ghbb4a/eco_outlook-v2010-2-en.pdfBloomberg France’s 2025 Economic Growth Forecast to Be Cut, Minister Sayshttps://www.bloomberg.com/news/articles/2025-04-02/france-s-2025-economic-growth-forecast-to-be-cut-minister-sayshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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The ENTIRE Global Economy Just Entered Recession
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