In an economy where a good percentage of jobs being added are part time or earning $7.50/hour, I always wondered when the spending would slow, or at least corporations' efforts to hide it from their earnings line via internal re-organization, share buybacks, exhausting inventories, etc would run their course........and that time may be upon us. Consider that MCD is already running their wildly famous "Monopoly" game now, in July rather in it's typical October/November slot and you get an idea that they're doing whatever they can to rustle up business. 24/7 Wall Street is wondering if the party is over as well. My question now is who's next? Mid-level retailers? Leisure and activities?
After McDonald’s Corporation (NYSE: MCD) posted a disappointing company earnings report we can only yet again consider that perhaps the easy money has been made in the casual dining sector. Many of these stocks have run up and done incredibly well since the end of the recession and now the privat