Economy
Related: About this forumFedex is usually a good barometer of economic conditions
New York (CNN Business) FedEx expects global trade disputes and an economic slowdown could severely hurt its business next year.
The company dramatically cut its profit outlook for the full fiscal year, which ends May 30, lowering it by 7% to 10%. It had just raised that forecast three months ago.
Although FedEx's US business remains strong, it says its international business, especially in Europe, weakened significantly over the last three months. ......(more)
https://www.google.com/amp/s/amp.cnn.com/cnn/2018/12/19/business/fedex-cutbacks-trade/index.html
Wellstone ruled
(34,661 posts)process of cutting Salaried Positions System wide siting the similiar issues.
SWBTATTReg
(22,100 posts)too of economic activity during weather upheavals or something similar, traffic inside a waffle house or the like ... unfortunately I can't remember but when I saw this FedEx being a barometer of economic conditions, I recalled this other piece of news...
Brainstormy
(2,380 posts)and it doesn't look good.
Farmer-Rick
(10,151 posts)A retired Realtor friend of mine said not if I wanted my investment value out of it. He said to wait 2 years, unless I knew some Russians......that sucks.