US EditionWalmart Recession Signal points to 'sharp economic downtown': Wall Street insider
3 Articles
3 Articles
Walmart Recession Signal points to 'sharp economic downtown': Wall Street insider
Jim Paulsen, a veteran economist and former chief investment strategist for the Leuthold Group (a Minneapolis-based investment research company), is known for operating the Walmart Recession Signal. The WRS is used to measure the economy's well being, and according to Business Insider's Jennifer Sor, a recent WRS reading indicates that a recession is a strong possibility.Sor, in an article published on March 30, notes that the WRS "measures Walm…
The Walmart Recession Sign, a measure of the price of supermarket shares in relation to luxury stocks, has skyrocketed before the last four U.S. decelerations. Now it is in red, according to a Wall Street veteran.Jim Paulsen — a long-standing economist and former chief investment strategist of Leuthold Group — keeps the Walmart Recession Sign (WRS), which measures the price of Walmart shares against a basket of luxury stocks. The general idea is…
When Walmart Starts Looking Good, the Economy’s in Trouble
Here’s a fun fact that’s decidedly not fun: when people start shopping at Walmart instead of Gucci, economists start sweating. And right now, they’re sweating buckets. Meet the Walmart Recession Signal (WRS)—basically Wall Street’s way of saying “hey, remember when everyone had money?” It’s a simple concept: compare Walmart’s stock price to luxury stocks. When the ratio spikes, it means consumers are trading their designer handbags for bulk toil…
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