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:
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