The recent 6-month run in the stock market has baby boomers and the collective investing community jumping for joy. Double digit gains approaching 50% for some investors and retirees have eased the pain temporarily.
It’s amazing how quickly the market can move. To think that the QQQQ tracking the Nasdaq exchange dropped over 50% from its highs only to recover 60% in just the last 5-months. This whipsaw type action can make your head spin.
After a strong first quarter earnings report in 2009 McDonald’s future looks promising. A weakening US Dollar coupled with overseas growth will make the company a winner going forward. A consistent dividend of 3.30% also rewards shareholders in it for the long haul.
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