eurodollar futures inverted, 2-5Y Treasury Below Fed Funds Rate

[Spock]

I may be ignorant, but I'm open to learning.

I understand (or at least am aware of) why inverted yield curves get talked about.
I don't understand what the rest of this means as I have to go google "eurodollar futures" and why they are important.
OK... ZH is frequently a perma-bear and that bias can be accounted for

But.
These folks sound really wound up about something but assume everybody knows why this is bad and what the "something" is.


Is Alhambra another chicken-little/fear mongering shop? (their motto seems to be). Or is there something out of the ordinary going on that makes eurodollar futures a good indicator of the Feds cutting rates "sooner rather than later"?



https://www.alhambrapartners.com/2018/12/28/uh-oh-in-a-month-of-big-warnings-the-biggest-yet/
https://www.zerohedge.com/news/2019...ields-all-drop-below-effective-fed-funds-rate

 

[NYEXPAT]

I may be ignorant, but I'm open to learning.

I understand (or at least am aware of) why inverted yield curves get talked about.
I don't understand what the rest of this means as I have to go google "eurodollar futures" and why they are important.
OK... ZH is frequently a perma-bear and that bias can be accounted for

But.
These folks sound really wound up about something but assume everybody knows why this is bad and what the "something" is.


Is Alhambra another chicken-little/fear mongering shop? (their motto seems to be). Or is there something out of the ordinary going on that makes eurodollar futures a good indicator of the Feds cutting rates "sooner rather than later"?



https://www.alhambrapartners.com/2018/12/28/uh-oh-in-a-month-of-big-warnings-the-biggest-yet/
https://www.zerohedge.com/news/2019...ields-all-drop-below-effective-fed-funds-rate

I do not own any futures contracts but I assume those of us here who have Eurodollars do not go out more than one year on time deposits anyway? The something bad is a "global recession"!