Wednesday, April 1, 2026

The Wal Mart Recession Indicator

 4/1/2026

Forget the Jobs Report, Look to the WMT INdicator 

This indicator is a ration of WMT stock versus a basket of luxury goods makers. When a recession looms, WMT outpaces luxury, as it is doing now.

In 1929 San Antonio cheered its first sky scraper and Texas Largest Movie Theater, the Majestic. The tower Life building was to be the start of  larger complex of office, retail, and aparments, all downtown. The ensuing downturn cancelled all of it. Now SA is booming with downtown projects again including a  $160 M Double A baseball park and you name it, UTSA expansion, apartments, here we go again? 

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