Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Popeye’s Louisiana Kitchen (NASDAQ: PLKI)

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Yum Brands: Is There a Future in Fast Food?

Yum’s financial numbers show us that fast food is no longer a value investment. Its chains are no longer generating the steady stream of cash necessary to cover their liabilities. To make matters worse, the cash cow known as China may no longer be paying off for Yum.

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