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Monday, July 21, 2014

Walmart indicator shows consumer sales are not growing

Wal-Mart shares peaked out in February and since then, the stock has been moving sideways. As as an economic indicator, Wal-Mart is a very good say symptom of what is happening to the consumer and if their sales are flat or down, or Coca-Cola’s in the U.S., it tells you something about the consumer.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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