/biz/ - Business & Finance

>>50559138
>What is the connection with walmart and recession and is this good for us?

we need to up the fucking IQ in this general or its dead. this type of question should not even be being asked at this point

walmart sells consumer goods you need for every day living, similar to amazon. walmart and amazon are basically representative of the consumer goods economy as a whole, of which 70% of the US economy is based. if their sales shit the bed, it means people are cutting back because they can't afford to buy more shit, which means they're broke. broke people = recession

>is this good for us?
what do you think happens to commodities in a recession.