Worldwide Demand Nosedives 50% for Vital Economic Goods

Wall Street was rocked by a huge plunge in orders for ASML, a company which produces machines that touch practically every part of the global economy. That was followed by another four-letter firm, LVMH, which reported a shock decline in revenue. Both showing the same thing from very different angles, further confirming - along with swap markets - why there will be another leg down in interest rates.Eurodollar University's Money & Macro AnalysisASML Homehttps://www.asml.com/enASML Q4 2023 Resultshttps://www.asml.com/en/news/press-releases/2024/q4-2023-financial-resultsASML Q3 2024 Resultshttps://www.asml.com/en/news/press-releases/2024/q3-2024-financial-results-dd3ac76a9d4d0f8cIntel Q2 2024 Financial Resultshttps://www.intc.com/news-events/press-releases/detail/1704/intel-reports-second-quarter-2024-financial-resultsLVMH Q3 2024 Resultshttps://www.lvmh.com/en/publications/lvmh-shows-good-resilience-in-the-current-contextNYT Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppershttps://www.nytimes.com/2024/10/16/business/dealbook/lvmh-dior-louis-vuitton-china.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU