Prospering During a Recession!

First Jim Cramer (host Mad Money on CNBC) then JP (Thrasher Capital) and now Me, all agree that McDonald's is going pretty strong in this declining market.

While most business are closing stores and laying off employees, McDonald's will be opening 1,000 new stores this year. Even though McDonald’s fell short of Wall Street’s expectations, they posted stellar quarter profit earnings this Monday.

I guess the low priced value of the dollar menu has been a beacon of light to many consumers in this dark period.

I find this interesting that despite high unemployment rates and a recession causing the US poulation to tighten their belts, people are still spending money eating out.

via Thrasher