Eurodollar University

HSBC just reported a 32% increase in pretax profit. And investors responded by dumping the stock as much as 7.5%. That sounds strange until you look at what was missing. That is the first clue. The second comes from the rest of Europe’s banks and what they are actually doing.
And then there is France.
Eurodollar University's Money & Macro Analysis
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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 
Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42
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https://www.youtube.com/watch?v=jr7Cc6cIPxY
https://www.youtube.com/watch?v=idj5zdQZJV0
https://www.business.hsbc.com/en-gb/insights/global-economics-quarterly-running-out-of-gas
https://www.cnbc.com/video/2026/10/20/have-to-be-selective-with-data-center-investments-hsbc-ceo.html
https://www.youtube.com/watch?v=3ZtifvwNY0U
https://www.ecb.europa.eu/stats/ecb_surveys/safe/html/ecb.safe202610.en.html
https://www.foxnews.com/video/6407066219112
https://www.bloomberg.com/news/videos/2026-10-26/does-france-answer-to-its-citizens-or-the-bond-market-video
https://www.facebook.com/reel/3107441296129035
https://www.bloomberg.com/news/articles/2026-10-27/french-consumer-confidence-hits-lowest-since-2013-after-riots
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

Elon Musk just issued an extraordinary warning about the AI boom. Then Meta went to the stock market with a plan to raise roughly **$98 billion**, one of the largest equity-financing programs in history, to keep funding its AI expansion. And now we’ve learned that banks nearly backed away from a $63 billion financing package for Anthropic’s Broadcom chips and networking equipment.
Think about what all of that means.
Eurodollar University's Money & Macro Analysis
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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 
Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42
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https://finance.yahoo.com/video/elon-musk-prediction-guppy-level-210840396.html
https://finance.yahoo.com/video/elon-musk-predicts-many-neoclouds-will-experience-guppy-level-death-131438289.html
https://www.reuters.com/video/watch/idRW325126102026RP1/
https://www.youtube.com/watch?v=7tsqFCl298w
https://www.facebook.com/schwabnetwork/videos/meta-platforms-meta-announced-a-massive-equity-raising-plan-totaling-up-to-95-bi/1305754178299243/
https://www.youtube.com/watch?v=dVciigPmRhE
https://www.bloomberg.com/news/articles/2026-10-06/deeply-distressed-us-loans-rise-to-highest-level-since-pandemic
https://www.wsj.com/finance/broadcom-ceo-intervened-to-seal-63-billion-anthropic-debt-deal-c807754f
https://finance.yahoo.com/technology/ai/articles/banks-reportedly-got-cold-feet-032746843.html
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

Has the energy shock finally gone far enough—and lasted long enough—to start breaking things across the markets and the economy?
The airlines may be the first major warning.
JetBlue’s stock just plunged to its lowest level since the company went public in 2002. Then there’s Wizz Air. Faced with what it calls an “unprecedented” increase in fuel prices, the airline is cutting winter capacity and offering buyouts to pilots at its main UK base—because we don’t have layoffs in this incredibly resilient economy.
But this story is much bigger than two vulnerable airlines.
Eurodollar University's conversations 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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Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 
Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42
---------------------------------------------------------------------------------
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

Did the credit cycle just completely flip — so, are stocks next?
For more than a year, the warning signs were concentrated in the weakest parts of the system. Private-credit funds restricted. Leveraged loans. CCC-rated bond spreads. Distressed borrowers.
Yet investment-grade credit remained completely calm. High-quality corporate debt was supposedly safe, and therefore the broader financial system—and the stock market—had little to fear.
That assumption is now being directly challenged.
Eurodollar University's Money & Macro Analysis
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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
----------------------------------------------------------------------------------
Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 
Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42
---------------------------------------------------------------------------------
https://www.bloomberg.com/news/articles/2026-10-22/rapid-junk-rout-amplifies-arini-s-losses-and-erases-sona-s-gains
https://www.bloomberg.com/news/videos/2026-02-24/arini-cio-expects-defaults-disruption-in-credit-markets-video
https://www.bloomberg.com/news/articles/2026-10-24/-total-meltdown-in-riskiest-debt-unnerves-market-credit-weekly
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

Fears about what Meta just reported have spread into bonds, both selling and buying, producing a huge UST rally...and more. Facebook's parent unleashed chaos with more capex and negative cash flow. Meta shares dropped more than 6%. Its bonds weakened relative to Treasuries. The price of credit protection on the company jumped to a record.
And that was just the beginning of a big day in bond-land.
Eurodollar University's Money & Macro Analysis
----------------------------------------------------------------------------------
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
----------------------------------------------------------------------------------
Join my FREE webinar October 29 at 6 PM ET to learn which warning signs to watch, and what they could mean for your portfolio. 
Reserve your spot:  https://go.eurodollar-university.com/oc12-8j42
---------------------------------------------------------------------------------
https://www.youtube.com/watch?v=s9p-SLVYPpQ
https://www.facebook.com/yahoofinance/videos/meta-has-about-825-billion-in-future-spending-commitments-according-to-its-lates/2493620397789783/
https://www.facebook.com/schwabnetwork/videos/meta-platforms-meta-shares-are-lower-after-the-company-reported-earningsmarley-k/1672494064888338/
https://www.youtube.com/shorts/bIpkmH9TKfk
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