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FedEx CEO says he expects the economy to enter a ‘worldwide recession’

 
javierruizleon
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09/16/2022 08:34 AM
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FedEx CEO says he expects the economy to enter a ‘worldwide recession’
[link to www.cnbc.com (secure)]

“We’re seeing that volume decline in every segment around the world, and so you know, we’ve just started our second quarter,” he said. “The weekly numbers are not looking so good, so we just assume at this point that the economic conditions are not really good.”

“We are a reflection of everybody else’s business, especially the high-value economy in the world,” he later added.



Last Edited by javierruizleon on 09/16/2022 08:35 AM
Genesis-Acts,Hebrews-Revelation to, you know who
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Anonymous Coward
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09/16/2022 08:38 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
The WEF says the word Recession is no longer valid.
Any downturn is called stakeholder progress.
You chocolate ration has been increased to 2 grams from 5 grams.
Anonymous Coward
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09/16/2022 08:40 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
Lady Jane SmithModerator
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09/16/2022 08:45 AM

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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
He right.

PPI continues to be high. Takes 60-90 days for that to reach the consumer. It is a leading indicator. CPI, also high, is a lagging indicator.

Buy what extra necessities you can to try to stay ahead of the inflation.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
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09/16/2022 08:46 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
Anonymous Coward
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09/16/2022 08:47 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
You would have to be a fool not to see what’s coming
javierruizleon  (OP)

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09/16/2022 08:49 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
$509bn of single stock options will expire today
Genesis-Acts,Hebrews-Revelation to, you know who
Romans-Philemon to the Church
Mid-Acts Pauline Dispensational Right Division
Anonymous Coward
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09/16/2022 08:55 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Holy shit.

Anonymous Coward
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09/16/2022 08:56 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
 Quoting: Anonymous Coward 84050979


It’s gonna be a day for sure
CDC ATL

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09/16/2022 09:02 AM

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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
fed ex just like the joggers over @ amazon rude, cant drive , and unaccountable for delivery's
Nothing will change, unless something changes
Quarterbreedgal

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09/16/2022 09:07 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Fuck fedex with their woke policies..black girls there sit and watch boxes go by. Myself , I worked until I dropped ...with broken equipment and empty promises for new equipment. You should see their orientation movie LMAO. If you're white, there's no place for you there...and I'm legally a minority! They don't care..they just see skin color. And they call everyone else fucking racist . Their company is floundering because they have 18 year old black men dumping boxes in ditches instead of delivering then and nobody wants to come to work....they lowered their wages too. I made $11.50 / hour to work like crazy non stop with boxes slamming into me . I was convered in bruises
Quarterbreedgal...one quarter Cherokee, descended from the Mackenzie Highlanders in Scotland. Ill speak the truth no matter how much red I get. All that matters anyway is TRUTH and LOVE...oh and DOGS!!
Quarterbreedgal

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09/16/2022 09:09 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
 Quoting: Anonymous Coward 42628156


It's not just the slower economy doing this to FedEx, it's their failed woke priorities..
Quarterbreedgal...one quarter Cherokee, descended from the Mackenzie Highlanders in Scotland. Ill speak the truth no matter how much red I get. All that matters anyway is TRUTH and LOVE...oh and DOGS!!
Anonymous Coward
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09/16/2022 09:13 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
fed ex just like the joggers over @ amazon rude, cant drive , and unaccountable for delivery's
 Quoting: CDC ATL


Amazon is a total cluster

Proudly never gave them one dollar
DangerClose

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09/16/2022 09:13 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
 Quoting: Anonymous Coward 42628156


It's not just the slower economy doing this to FedEx, it's their failed woke priorities..
 Quoting: Quarterbreedgal


nailedit
My posts that can be misconstrued as "extreme" and/or "radical" are satirical.

#NoHymenNoDiamond #PoppedCherryDontMarry
Anonymous Coward
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09/16/2022 09:19 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Another lying ceo, try greater depression.
Anonymous Coward
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09/16/2022 09:23 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
catfilenails
Another day, another dude in a tie telling us doom is on.
Anonymous Coward
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09/16/2022 09:23 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
 Quoting: Anonymous Coward 42628156


The advertising and marketing sectors get decimated when the big auto companies suffer along with so many other adjacent industries.

This is playing out thus far just like 2008 except it will be way way way worse.
Anonymous Coward
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09/16/2022 09:28 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
People with cash laying around. Buy buy buy

Or prepare to buy
Quarterbreedgal

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09/16/2022 09:29 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
 Quoting: Anonymous Coward 42628156


It's not just the slower economy doing this to FedEx, it's their failed woke priorities..
 Quoting: Quarterbreedgal


nailedit
 Quoting: DangerClose


Thank you. I worked there last year. What a fucking joke that place is
Quarterbreedgal...one quarter Cherokee, descended from the Mackenzie Highlanders in Scotland. Ill speak the truth no matter how much red I get. All that matters anyway is TRUTH and LOVE...oh and DOGS!!
Anonymous Coward
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09/16/2022 09:30 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Indian CEO of FedEx Raj Subramaniam, FedEx crashed -35%
 Quoting: Anonymous Coward 76093765


Just like Ford
 Quoting: Anonymous Coward 42628156


The advertising and marketing sectors get decimated when the big auto companies suffer along with so many other adjacent industries.

This is playing out thus far just like 2008 except it will be way way way worse.
 Quoting: Anonymous Coward 84196189


Yeah, there is a feeling of deja vu in the air.
Anonymous Coward
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09/16/2022 09:31 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
You would have to be a fool not to see what’s coming
 Quoting: Anonymous Coward 42628156
Lady Jane SmithModerator
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09/16/2022 09:31 AM

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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
People with cash laying around. Buy buy buy

Or prepare to buy
 Quoting: Anonymous Coward 84050979


Have a lot of cash on the side, but not ready to buy just yet. IMO, this is going to worsen considerably.

What I do hold, have a SL at market order set in profit to bail if/when the massive plunge hits.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
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09/16/2022 09:37 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Is this the prequel to the Sept 24th warning?
Lady Jane SmithModerator
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09/16/2022 09:37 AM

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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Is this the prequel to the Sept 24th warning?
 Quoting: Anonymous Coward 82225532


We are already within the margin of error. Assuming the 24 Sep thing is valid.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
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09/16/2022 09:38 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
People with cash laying around. Buy buy buy

Or prepare to buy
 Quoting: Anonymous Coward 84050979


Have a lot of cash on the side, but not ready to buy just yet. IMO, this is going to worsen considerably.

What I do hold, have a SL at market order set in profit to bail if/when the massive plunge hits.
 Quoting: Lady Jane Smith


It's going to be months before it's really buy buy buy time. The market has so much further to go down... I'm giving it a 50/50 shot of never coming back up once people realize the magnetic reversal is imminent.
Anonymous Coward
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09/16/2022 09:41 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
People with cash laying around. Buy buy buy

Or prepare to buy
 Quoting: Anonymous Coward 84050979


Have a lot of cash on the side, but not ready to buy just yet. IMO, this is going to worsen considerably.

What I do hold, have a SL at market order set in profit to bail if/when the massive plunge hits.
 Quoting: Lady Jane Smith


It's going to be months before it's really buy buy buy time. The market has so much further to go down... I'm giving it a 50/50 shot of never coming back up once people realize the magnetic reversal is imminent.
 Quoting: Anonymous Coward 55994706


This
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’


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newsflash
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Anonymous Coward
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09/16/2022 09:58 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
it ain't gonna be a recession mother fucker, it's gonna be a dark, long ass DEPRESSION

the world has been heading towards a complete disaster and crash for a while now. it's ALL going to come to a head sooner or later. the rush rush rush rush go go go go CANNOT be sustained forever.

hold on to your asses
Flying Elvii

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09/16/2022 10:11 AM

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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
People with cash laying around. Buy buy buy

Or prepare to buy
 Quoting: Anonymous Coward 84050979


What do you think the Soros Cabal/WEF has been waiting for, and have been trying so hard to create?
Anonymous Coward
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09/16/2022 10:15 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Since 2016, half the packages fedex delivers arrive damaged. I never use them anymore.
Anonymous Coward
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09/16/2022 10:17 AM
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Re: FedEx CEO says he expects the economy to enter a ‘worldwide recession’
Uhmm... if we get worse than we are right now, the bubble is going to burst and we are going into a full depression. The fed will not let this happen, yet. Give it a year or two before the real damage is done. The market is about to fly the fastest we've seen in a century.





GLP