Walmart Recession Signal Flashes Warning of a Slowing US Economy
A veteran market strategist says the Walmart Recession Signal (WRS)—which compares Walmart's stock to a luxury-stock basket—has surged to its highest level since the Global Financial Crisis and has historically risen before past US downturns. The gauge suggests stress on lower- and middle-income shoppers, rising private-credit concerns, and softer hiring and housing activity, signaling a potential significant US slowdown, though a swift Iran-war resolution could avert a recession.
