A Walmart-related recession indicator that's preceded the last 4 economic downturns is flashing red
The Walmart Recession Signal, a measure of Walmart's stock price relative to luxury stocks, has spiked leading up to the last four US downturns.
Source: Business Insider
The Walmart Recession Signal, a measure of Walmart's stock price relative to luxury stocks, has spiked leading up to the last four US downturns.
