Wednesday, March 11, 2009

Counter-Cyclical Assets: McDonalds

From Slate:
The company on Monday said same-store sales were up 5.4 percent worldwide in February, adjusted for the extra day in February last year. The gains were more pronounced in the United States than elsewhere—up 6.8 percent—and both McDonald's and the Journal chose to highlight the relative struggles, if you can call them struggles, the company is facing in foreign markets.

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