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FedEx Results Are a Flashing Red Signal on the Health of the Global Economy

Jim Collins

FedEx should be considered a bellwether for the global economy, but it seems that investors only focus on the company once every three months, which is regrettable in light of the intense investor focus on the FAANG tech titans. Since our last earnings call, we have seen the overall China economy slow down further, and this has impacted other Asian economies.