$WMT has a beta of 0.19 & yield of 2.02%. $VCSH, a short-term corporate bond ETF, has a beta of 0.45 & yield of 2.26%. During the 2008 recession the consumers staples sector declined less than many others, and some stocks even did better (i.e. dollar stores). Bonds, which are often a rising tide safe harbor in equity bear markets, have been declining in value as yields rise from historically low levels and the U.S. government floods more debt into the bond market. Wal-Mart is correcting from a 2-year surge of nearly 100%, but plunged 10% today on news of declining online sales. Is Wal-Mart inevitably losing more online ground or will it soon be a good purchase in these market conditions?
Submitted February 20, 2018 at 03:24PM by buttonsmasher2 http://ift.tt/2om8Z0K
