Tuesday, January 08, 2013

YUM drags down market

There is no doubt about it, although market pundits are making up lots of reasons.  The downturn in the market today, which would normally be an up day, is down solely because of YUM's sales slip in China.  Alcoa, the perennial first reporter was fine, but YUM's forecasts were not.  So a service provider and fast food purveyor rules the market.  That's right.

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