Walmart is a late cycle stock, meaning it underperforms during the early part of the economic cycle, but generally outperforms at the end of the economic cycle. This should come as no surprise since it's the world's largest purveyor of cheap junk, and junk is what people buy in a recession. The black outline is the market, superimposed on Walmart's chart, which as we see, is already rolling over:
The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.