Walmart sends huge warning about US economy (people are broke)

Walmart reported quarterly earnings and showed 4% revenue growth. Which historically is a sign of a slowing economy, as more people go to Walmart because of discounted groceries. REVENTURE APP: https://www.reventure.app Back in the mid-2000s Walmart's revenue grew every year during the housing bubble crash. Walmart is a countercyclical economic indicator that performs well when everyone else is performing worse. --- Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/