With the S&P 500 (SPX) beginning to sour again, many bearish pundits have doubled down on their calls for more pain. Undoubtedly, things could go either way from here as a recession looms.
Eventually, stocks will turn a tide, and it’s the hardest-hit, risk-on plays that could have the most to gain. Until then, a more balanced approach may be the way to go, as it’s clear that many market participants aren’t yet done worrying about inflation and more Fed rate hikes.
With fast-food stocks, you don’t have to worry about what other investors are worried about or how much recent economic data hit or missed the mark. As inflation and economic headwinds take a toll, it’s the quick-serve restaurant companies with…