PepsiCo just reported earnings. And buried inside a perfectly standard corporate press release was one of the most important sentences you'll hear about the American economy this year. CEO Ramon Laguarta said, and I'm quoting directly here: *"I think the consumer is worse than what we had anticipated, and it's driven mainly by gas prices."*

That's not a fringe analyst. That's the chief executive of one of the largest consumer goods companies on the planet, a company that sells beverages and snacks to hundreds of millions of Americans every single quarter, telling you directly: something has changed. For one thing, credit card use dropped sharply, as we’ll see.

Eurodollar University's Money & Macro Analysis

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Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to:

https://EurodollarGold.com or text EURO to 35052.

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Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point

It isn't that they're buying the wrong assets. They're using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. This video will help explain what we really do here at EDU, what’s behind our methodology. Why we talk about curves and signals, but, more importantly, why no one else does. And then at the end, how to use this information managing money and crafting portfolio strategies.

https://youtube.com/live/We2aP56WLJ8?feature=share

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https://www.cnbc.com/video/2026/07/09/pepsico-ceo-on-earnings-miss-there-has-been-an-impact-from-gas-prices.html
https://www.cnbc.com/2026/07/09/pepsico-pep-q2-2026-earnings.html
https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-2-4-decrease-in-june

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.