💥"Teetering on the edge of recession"💥
Lumen Technologies Inc. ($LUMN), Roman Catholic Bishop of Oakland, Christmas Tree Shops LLC, Audacy Inc. ($AUD), Joann ($JOAN) & More
We spend the bulk of today’s briefing going deeeeeep into a particular situation that has been on our radars for some time but we’d be remiss if we didn’t highlight that things just feel like they’re percolating in a negative way for the economy — a feeling that’s bolstered by the dour University of Michigan consumer sentiment survey released this week.