> McDonald's profit grows as inflation-weary customers flock to its restaurants[1]<p>Yet another company with growing profits laying people off.<p>1 - <a href="https://www.cnbc.com/amp/2023/01/31/mcdonalds-mcd-q4-2022-earnings.html" rel="nofollow">https://www.cnbc.com/amp/2023/01/31/mcdonalds-mcd-q4-2022-ea...</a>
This is a bull signal.<p>McDonald's is a classic counter-cyclical stock. When money gets tight people eat less at fancy restaurants and more at McDonald's. So McDonald's does well when people are doing poorly, and vice versa.