Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
FedEx Decline Could Signal Economic Slowdown
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 3772362" data-attributes="member: 1"><p><a href="https://www.investopedia.com/news/fedex-decline-could-signal-economic-slowdown/" target="_blank"><strong>FedEx Decline Could Signal Economic Slowdown - Investopedia</strong></a></p><p></p><p>Packaging giant FedEx Corporation (<a href="https://www.investopedia.com/markets/stocks/fdx/" target="_blank">FDX</a>) has seen its shares drop 30 points in the past three weeks, and the stock has now lost nearly 8% since the first trading day of 2018. That's a startling turnaround for the perennial market leader, which posted double-digit percentage <a href="https://www.investopedia.com/terms/r/return.asp" target="_blank">returns</a> in 2016 and 2017. More importantly, this bearish price action is filling out a broad topping pattern that could eventually signal the end of its multi-year bull run.</p><p></p><p>This early cyclical play and its rival United Parcel Service, Inc. (<a href="https://www.investopedia.com/markets/stocks/ups/" target="_blank">UPS</a>) have long held reputations as canaries in the coalmine for the U.S. economy, measuring the output of American industry through their shipping habits. The addition of e-commerce in the past two decades has bolstered this long-observed correlation, raising red flags whenever these stocks underperform major benchmarks.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3772362, member: 1"] [URL='https://www.investopedia.com/news/fedex-decline-could-signal-economic-slowdown/'][B]FedEx Decline Could Signal Economic Slowdown - Investopedia[/B][/URL] Packaging giant FedEx Corporation ([URL='https://www.investopedia.com/markets/stocks/fdx/']FDX[/URL]) has seen its shares drop 30 points in the past three weeks, and the stock has now lost nearly 8% since the first trading day of 2018. That's a startling turnaround for the perennial market leader, which posted double-digit percentage [URL='https://www.investopedia.com/terms/r/return.asp']returns[/URL] in 2016 and 2017. More importantly, this bearish price action is filling out a broad topping pattern that could eventually signal the end of its multi-year bull run. This early cyclical play and its rival United Parcel Service, Inc. ([URL='https://www.investopedia.com/markets/stocks/ups/']UPS[/URL]) have long held reputations as canaries in the coalmine for the U.S. economy, measuring the output of American industry through their shipping habits. The addition of e-commerce in the past two decades has bolstered this long-observed correlation, raising red flags whenever these stocks underperform major benchmarks. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
FedEx Decline Could Signal Economic Slowdown
Top