Walmart sends huge warning about US economy (people are broke)
Reventure Consulting Reventure Consulting
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 Published On Sep 11, 2024

Walmart reported quarterly earnings and showed 4% revenue growth. Which historically is a sign of a slowing economy, as more people go to Walmart because of discounted groceries.

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Back in the mid-2000s Walmart's revenue grew every year during the housing bubble crash. Walmart is a countercyclical economic indicator that performs well when everyone else is performing worse.
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