Fast food chain Wendy's said it’s closing hundreds more US locations than previously announced because customers can’t afford to eat there. It fits with what McDonalds US President said last week about how the entire industry is fighting for contracting traffic. It sounds practically Chinese talking about oversupply of cheap hamburgers and chicken nuggets. But as we know only too well from China’s economy, it isn’t too much production it is the lack of demand.
Eurodollar University's Money & Macro Analysis
-------------------------------------------------------------------
Get the free guide that breaks down the real economic signals behind America’s shrinking consumer demand, and how to protect your wealth before the slowdown hits your income
https://web.eurodollar-university.com/home
-------------------------------------------------------------------
USA Today Wendy's to close roughly 300 stores nationwide starting in late 2025
https://www.usatoday.com/story/money/2025/11/07/wendys-closing-hundreds-stores-2025/87146469007/
CNBC McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits
https://www.cnbc.com/2025/11/06/mcdonalds-us-boss-memo-value-affordability.html
Bloomberg US Small-Business Optimism Dips to Six-Month Low on Earnings
https://www.bloomberg.com/news/articles/2025-11-11/us-small-business-optimism-slips-to-six-month-low-on-earnings
Bloomberg US Companies Shed Jobs in Late October, Weekly ADP Data Show
https://www.bloomberg.com/news/articles/2025-11-11/us-firms-shed-11-250-jobs-per-week-in-four-weeks-to-oct-25-adp
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.