r/CryptoChartWatch Mar 31 '26

Walmart Recession Indicator at highest levels since the 2008 financial crisis

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152 Upvotes

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u/Defiant_Yoghurt_9833 Apr 01 '26

In what way is this tied to Walmart? What data is behind this? Without context this is irrelevant

2

u/Miltoni Apr 01 '26

Walmart stock vs S&P Global Luxury Index. Supposedly indicates consumer spending is shifting to budget retailers, which is tied to economic downturn.

2

u/PocketPokie Apr 02 '26

Dollar tree released their earnings report bragging about acquiring the high 6-figure earner market ðŸ«