Previous post Next post

Bloomberg Interview with Jeffrey Snider

Why Eurodollars Might Be Key to the Market Sell-Off (Podcast)

There’s a huge market out there that doesn’t get much attention: Eurodollars. These have nothing to do with the euro-dollar exchange rate. Instead, eurodollars are U.S. dollar-denominated deposits at foreign banks and overseas branches of American banks. They’re effectively a source of dollars that operates outside the control of the U.S., and have at various times been blamed for exacerbating interbank lending crunches. Jeff Snider, Head of Global Research at Alhambra, has a theory that recent market volatility might have its roots in some eurodollar drama. He speaks with Odd Lots about how this market grew in tandem with globalization, and how we should be thinking about it now.

Full story here Are you the author?
Marcelo Perez
Marcelo started his career in the finance and investment industry in 2005. He was briefly employed with Washington Mutual before taking a position with Citi/SmithBarney. Once there, Marcelo soon realized that the business practices employed at the big financial conglomerates were not of his taste, nor in his nature, so he decided to join a conflict-free investment advisory firm. He has since made a home at Alhambra Investments as a Registered Investment Advisor. Marcelo graduated from Florida International University in 2008 with a degree in Finance, and has over 8 years of trading and investment experience. His company is a global investment adviser, hence potential Swiss clients should not hesitate to contact AIP
Previous post See more for 5.) China Next post
Tags: ,,,

Permanent link to this article:

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.