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Looking at the sharp fall in names like MCD, BWLD, DPZ, and PNRA in a bright green tape, Ivan...

Looking at the sharp fall in names like MCD, BWLD, DPZ, and PNRA in a bright green tape, Ivan Hoff suggests a repeat of early 2011's reflation trade - long commodities, short restaurants - might be in order. Higher costs put a double hit on restaurants, cutting margins at the same time squeezed consumers are forced to spend less on meals.
Comments (2)
  • Don't forget high gas prices!
    3 Jan 2012, 05:59 PM Reply Like
  • If you shorted MCD, BWLD, and DPZ on Jan1 of 2011, you would be in the hole right now. Why would I want to short them now?
    20 Jan 2012, 12:47 PM Reply Like
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