Recession Indicators - Big Lots hits the wall (Patreon)
Published:
2024-12-20 19:48:32
Imported:
2026-06
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Big Lots going out of business sale, if you need some items good deals to be had.
But the real story is the Economy is NOT STRONG. More recession indicators are firing
he Walmart Recession Signal has jumped to the highest level since the 2020 pandemic.
This is a recession indicator measured by Walmart's stock price, $WMT, divided by the S&P Global Luxury Index of luxury goods stocks. The gauge has almost doubled this year, luxury brand sales stall and people go to Walmart as they have far less disposable income.
In previous economic cycles, such a significant divergence signaled a recession was coming.
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