The Bad News On Stagflation Just Keeps On Coming
Well, nothing like having the bellwether cat ring the proverbial bell. We are referring, of course, to FedEx’s 22% meltdown upon it announcement last Friday that its FY 2023 Q1 was hit by lower volumes globally and that the trend “significantly worsened” later in the quarter. Management also stated that, because of the “speed at […]