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NEW YORK (TheStreet) -- Fastfood chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Could perhaps. U.S. and Europe comparable sales were up one or two.4% and 2.3%, respectively. Same-store sales rose 4.3% on the Asia/Pacific, Middle East and Africa.

"There are not any indications how the U.S. economy is going to recession. I'm fairly bullish as the actual marketplace is fairly valued," Peter Dunay, a great strategist at Leeb Capital Management in New York, told Bloomberg.



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