Reported 8 months ago
According to Paulsen Perspectives, an indicator developed by investment strategist Jim Paulsen called the 'Walmart Recession Signal' has successfully predicted two economic recessions in the past. While currently at its highest level since 2020, indicating a potential economic soft landing in the U.S., it has not reached recession levels yet. As traditional indicators like the inverted yield curve have failed to accurately predict economic recessions, analysts are turning to alternative signals such as Walmart's stock price compared to the S&P Global Luxury Index to track shifts in consumer shopping patterns during economic slowdowns and rising recession risks.
Source: YAHOO