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

Chinas communist party has been saying the same thing except they are seeing a decade or longer global depression

Courtesy of the Biden crime family's personal vendetta against Putin

That's what everyone is saying. Even the mainstream news. Usually a market consensus that the bottom is not in, means the bottom is in. You'll be late if you try to time the bottom, based on what others are saying.

The Fed has no tools left at their disposal to stop this. That's what you don't get.

They already pulled the last major card they had by printing fucktons of fiat money using the Covid pandemic as the excuse. This is a systemic, global, and pervasive failure that is now unstoppable. It's over.

Sure they do. As soon as they slow down the rise of interest rates or reduce interest rates, the market is going to be risk on again. The amount of money sitting on the sidelines, waiting for a "bottom" is substantial. The fear in the market has many many people sitting on the sideline with money.

They also have "quantitative easing".

Like I said, they will delay the real collapse for at least another year or two.

You've overdosed on hopium. Get sober fast or get destroyed in the markets.

This is a setup, Goldman Sachs also touts a significant drop in the markets soon,

They are the shorting the markets like hell because on September 23rd a new 911 type event will happen.

Then nobody would blame those that strongly shorted the markets before that event, no insider trading claims would hold to long, well it would take time to get here because in the first place there's world wide chaos that wipes out the markets clean.

There's no money sitting on the sidelines. If there were, businesses and families wouldn't need COVID loans and checks. Recent graduates wouldn't need the federal government to forgive their student loan debts.

Who cares what FEDEX says? Everyone cringes when they find out they have to wait for a package from them. UPS is on top of things even getting packages to you early when it's possible. FedEx? Nope, not even a second earlier and you are lucky if it doesn't arrive in your local area and then get shipped off for another trip before coming back.

It's history repeating itself.




Where do you think all that printed money is? That fresh new money supply is still working its way through the system to be consolidated.

We had those FREE money years which people should not base anything on. How much worse off are we now then in 2019 before this started would be great to know.

FEDEX seems to be under a controlled demolition on the Ground side of the business.

Over the last 2 years I have seen nothing but turnover and mismanagement in the dispatch portion of the business.

It is a transportation and logistics company and it is very inefficient in the routing.

Moral seems to be low throughout the company.

There is more to the story than a slowing/ failing economy. I think there is corporate sabotage.

FEDEX will still be here after the storm coming, but they are contributing to the overall collapse.

Also:

Jamie Dimon warns ‘something worse’ than a recession could be coming

[link to fortune.com (secure)]

Raj is right,,,, Fedex, UPS, DHL, even the USPS are all a barometer of the world economy.

Especially domestically, America has no industry except the "consumption industry", the velocity of money is what keeps it humming and now those dollars are slowing and will not buy the same amount of goods and services as before Obiden.

He may be right "this time" but Jamie is a contrarian and always has been.

Use Walmart.com,,,,same shit,, sometimes free shipping without buying a subscription like Amazon

Buy what? There is nothing to buy and what little there is costs way too much.

We have to eat, and have a roof over our heads first.

I expect death from a 1000 cuts. It's not coming. It's HERE. The stock market isn't going to crash and burn. It's going to slowly descend. Your savings and 401ks and retirement plans are standing in slow moving quicksand.

Stop talking like it's 2 weeks away. It's going to take time to grind this machine to a halt. It's here. It's now. This is what folks have been prepping for. It's not going to happen as fast as some think. It's slow. But it's going to be cut by cut by cut.

yap. it's not gonna be a "crash" like people think . it's going to be gradual so the idiot lemming people don't notice anything until they wake up one day and go "wait..why the fuck is the market 15,000 and a can of coke 6 dollars?"

xD

YOU WILL NOT DO AS SUCH!!

buy stocks! INVEST IN THE FUTTURREEEEE

give the traders and bankers YOUR HARD EARNED MONEEYYY

yeah well , our cost management mode will be extreme as well.

They lost almost a quarter in one day.

FedEx CEO is Indian since 2016

FedEx CEO is Indian since 2016

Am just now raising my prices as a handyman, the trickle down effect has reached the worker base...and if prices keep going higher there will no more delays with cost of doing work adjustments.

He don't know Jack!