Sep. 15 at 7:27 PM
$MCD US & China are in a consumer recession, eventually when consumer purchasing power returns the fixed cost of the franchise model with send operating leverage upwards and create nice growth, in fact most expenses are fixed rather than variable, bottom is likely either in or near. Most of pain is dealt with, once we do bottom and if we stay stagnant for awhile buying under
$260 is your chance to buy
$MCD at FV, doesn’t happen very often, past
$260 not super interested in buying and holding would be best
