Notable Analyst Calls This Week: Amazon, Microsoft and American Express Among Top Picks
Consumers are feeling the pinch, the retail and dining industries in the USA can't hold on anymore! They are all reducing prices to promote sales.
Analysis suggests that although this year's inflation in the USA has eased somewhat, many consumers still feel immense pressure as prices of necessities such as food, insurance, and housing remain higher than before the pandemic. As a result, American consumers are starting to cut back on spending, and American retailers and restaurants that have been raising prices for years are now trying to attract customers back by offering discounts.
mcdonald's CEO warns: 2025 will be another challenging year.
Analysts believe that the economic situation of low-income families is expected to remain very bad by the end of this year and early next year, and consumers also face the potential threat of rising oil prices due to the tense situation in the Middle East. Under the heavy pressure of high inflation and high interest rates, mcdonald's CEO Kempczinski pointed out the need to prepare for another challenging year.
A Look Into McDonald's Inc's Price Over Earnings
U.S. Stock Market Preview | Three major equity index futures fell together, with Wells Fargo & Co, Morgan Stanley, etc. announcing Q3 performance.
On October 11th (Friday) pre-market trading, the three major US equity index futures all fell.
A Look At The Fair Value Of McDonald's Corporation (NYSE:MCD)