
All Eyes on Meta Earnings and the Fed, Plus CME CEO Terry Duffy on the Markets 7/26/23
CNBC's "Fast Money"
00:00
The Slowing Growth of Fast Food
This was one of those things where comps came in light and when I say light, 7.4% the street was at 7.5%. It's like self first asked questions later, slowing growth, it doesn't deserve the multiple. You also wonder at what point do consumers start pushing back? They exacted a lot of price increase, price hikes on the menu. We see costs are coming down. Others in the consumer are mounting in terms of their credit costs. To your point, you could be hitting a wall.
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