McDonald's Signals A Rebound in The Global Economy

When it comes to taking the pulse of the global economy, there are government statistics from US, Germany, Japan, and China; and there are sales data from McDonald’s.

With a large presence around the world, McDonald’s has become the barometer of the world economy, especially consumer spending at the low end of the market.

This morning, the company reported a big rebound of its November sales across almost every region of the world (+2.4%), beating analyst expectations by big margin—analysts expected a decline in McDonald’s sales (-0.59). McDonald’s stock was up one percent at the opening, helping Do Jones open higher.

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- Posted: 2012-12-10 11:41:28

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