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
AAA US average retail gasoline price
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