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	Podcast:		Eurodollar University
	Episode:		Worldwide Demand Nosedives 50% for Vital Economic Goods
	Category:		Business
	Duration:		00:19:40
	Publish Date:		2024-10-17 11:00:00
	Description:		Wall Street was rocked by a huge plunge in orders for ASML, a company which produces machines that touch practically every part of the global economy. That was followed by another four-letter firm, LVMH, which reported a shock decline in revenue. Both showing the same thing from very different angles, further confirming - along with swap markets - why there will be another leg down in interest rates. Eurodollar University's Money & Macro Analysis ASML Home https://www.asml.com/en ASML Q4 2023 Results https://www.asml.com/en/news/press-releases/2024/q4-2023-financial-results ASML Q3 2024 Results https://www.asml.com/en/news/press-releases/2024/q3-2024-financial-results-dd3ac76a9d4d0f8c Intel Q2 2024 Financial Results https://www.intc.com/news-events/press-releases/detail/1704/intel-reports-second-quarter-2024-financial-results LVMH Q3 2024 Results https://www.lvmh.com/en/publications/lvmh-shows-good-resilience-in-the-current-context NYT Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppers https://www.nytimes.com/2024/10/16/business/dealbook/lvmh-dior-louis-vuitton-china.html https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
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