#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #consumer #retail #walmart
Walmart makes a major warning. Jobless claims spike. Oil (and gas) prices aren't just crashing, the whole WTI curve just get whacked. All three of those are different angles on the same thing. What's driving bids for bonds. The deflationary recession wasn't avoided, merely delayed.
Eurodollar University's Money & Macro Analysis
CNBC: Walmart shares slide as retailer gives a cautious outlook about consumer spending
https://www.cnbc.com/2023/11/16/walmart-wmt-earnings-q3-2024-.html
Bloomberg: Walmart Sinks on Cautious Consumer Outlook, Late-October Dip
https://www.bloomberg.com/news/articles/2023-11-16/walmart-lifts-profit-outlook-stays-cautious-on-us-consumers
AAA US average retail gasoline price
https://gasprices.aaa.com/
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What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.