3 Reasons Disney Will Survive the Next Recession
There's no denying that Disney (NYSE: DIS) is at its best when the global economy is humming along. Snapping up tickets to catch the next Marvel flick at your local premium-priced multiplex, hitting up one of its industry leading theme parks during a holiday weekend, and even an advertiser's ability to pay top dollar to reach an ESPN viewer is easier when disposable income is as disposable as possible.
No one needs a Mickey Mouse plush doll or a Disney Vacation Club timeshare. However, Disney is surprisingly well positioned for an economic downturn than it was the last time the global markets collapsed. Let's go over a few reasons why the media giant is ready to make it through the next great or even non-so-great recession.
Image source: Disney.
Source Fool.com