Fisher Capital Management Warning-Investors Take Warning: Storm Clouds Gathering
NEW YORK (TheStreet) -- Fast food chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Would probably. U.S. and Europe comparable sales were up 2.4% and 2.3%, respectively. Same-store sales rose 4.3% in the Asia/Pacific, Middle East and The african continent.
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With the deals towards the Street continuing to flow, the market is ready to elevate again the actual face of bad news from the Commerce Dept. The U.S. first quarter GDP rose along with a paltry nought.6%. The GDP is looked upon to function as the most important financial metric in measuring the true health of just a nation's budget. Investors had anticipated a higher growth rate, according towards the Associated New media.
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