WARNING: The Retail Apocalypse Has Begun

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Macy's is yet another with a warning on the economy just in time for the payroll numbers on February. They were a disaster if hardly anyone saw the true scale of it. Macy's might have a sense, as do other retailers. The data shows there really is big time trouble brewing in the jobs market.

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WSJ Macy’s Expects Sales to Drop Again This Year
https://www.wsj.com/business/earnings/macys-q4-earnings-results-m-stock-d3da1b6a

CNBC U.S. payroll growth totals 151,000 in February, less than expected
https://www.cnbc.com/2025/03/07/jobs-report-february-2025.html

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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.