Wal-Mart versus Oil Prices

Its no coincidence that as Oil has reached multi-year highs, Wal-Mart  has tumbled to multi-year lows.

Thats the dominant impact of higher energy prcies (gasoline in particular):  It takes some jingle out of the pockets of those most price sensitive, budget conscious consumers.  (Yes, it hits Target also, but I suspect not nearly as much).

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Xoi_april_05_2_years

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Wmt_april_05_2_years


What’s somewhat astounding is how long it took for the high Oil prices to actually fully work their way into Wal-Mart’s stock price. (That’s the efficient market for ya!)

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