Stock Impact: McDonald's Price War with Starbucks, Wendy's

The U.S. consumer is going through one of the most significant constraints in the economy of all its fast food with the growing burning hole at the bottom of their pockets. With fast food being higher than the Federal Reserve’s (the Fed) goal of 2%, employees at work won’t do it anymore to keep the same standard of living most people had just a year ago.That is why companies like Target Co. NYSE: TGT and even Walmart Inc. NYSE: WMT agreed – for the nation's sake – to lower prices on over 1,500 items recentl ...