If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:
http://www.monetary-metals.com/Snider/
While other airlines were pulling their forecasts afraid to tell the truth and preferring to hide under behind "uncertainty", Southwest's CEO bluntly stated there's a recession. And that's exactly what is starting to emerge from the Federal Reserve's very own contacts, thus why former FOMC hawks are now sounding incredibly dovish, the fundamentals of interest rates in all directions.
Eurodollar University's conversation w/Steve Van Metre
Bloomberg Southwest CEO Says US Airline Industry Is Already in a Recession
https://www.bloomberg.com/news/articles/2025-04-24/southwest-ceo-says-us-airline-industry-is-already-in-a-recession
Fed Beige Book April 2025
https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20250423.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.