With the Mueller cloud removed from hanging over the most pro-business administration in recent U.S. history, the focus should simply be found in the next two words...what now?
Technology in China is advancing very rapidly, although not always in the same way as it is in the U.S. and elsewhere. The implications for investors -- and everyone else -- are profound.
The Fed needs to buy short-term paper RIGHT NOW, and sell off longer-term paper.
And now we need a trade deal with China.
There doesn't seem to be much of a catalyst for FDX at the moment.
Another pressing concern for FedEx is the margin compression in its U.S. business.
Equity markets had been hot. Real hot, going into this week's FOMC policy decision. Still no China trade deal.
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