The Takeaways From McDonald's, Shake Shack and Whirlpool Earnings

Bloomberg's Redd Brown discusses the recent earnings reports from McDonald's, Shake Shack and Whirlpool. McDonald's reported solid earnings but noted a meaningful decline in consumer sentiment in the second quarter. Shake Shack faced weaker earnings as it absorbed higher costs without passing them fully to customers. Whirlpool also reported concerns, citing a recession-level decline in consumer sentiment that is beginning to affect big-ticket purchases like appliances. (Source: Bloomberg)