Wall Street Journal (March 8)
“McDonald’s lackluster February sales report is a fresh sign that the real economy — where people eat fast food and earn an average of just under $24 an hour — is still sluggish, despite today’s upbeat jobs report and the soaring Dow.”
Tags: Dow, Economy, Jobs, McDonald's, Sales
Wall Street Journal (November 9)
Amidst concern over the ongoing diplomatic dispute between Japan and China, “a dose of realism is in order about what the China market does and doesn’t mean to Japanese automakers…. To the extent a Chinese boycott is further depressing Japanese auto sales, of course it will hurt the carmakers’ bottom lines in a significant way. But it turns out China is simply an important market, not a uniquely important market.”
Tags: Automakers, China, Diplomatic dispute, Japan, Market, Sales
