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What will happen to the express Drivers....
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<blockquote data-quote="Empty Pockets" data-source="post: 5562460" data-attributes="member: 77481"><p>If you can trade stocks profitably, another option is to call Vanguard and move 90% of the fund into a (SBDA)Self Directed Brokerage Account. It is with TDAmeritrade and is active the very next day to trade.</p><p></p><p></p><p></p><p>I was into stock trading 20 years ago and Press Releases usually have a reason behind them and the timing is everything. For instance, you try to put bad news out on a Friday so it is forgotten by Monday. Conversely, good news is best on Monday so the stock will run all week. Well, this Press Release is weird.</p><p></p><p><a href="https://www.bloomberg.com/news/articles/2023-04-10/fedex-overhaul-contemplates-a-future-with-no-drivers-on-payroll?leadSource=uverify%20wall" target="_blank">FedEx Overhaul Contemplates a Future With No Drivers on Payroll</a></p><p></p><p>The story is written by Thomas Black who does appear to be employed by Bloomberg. He quotes Raj early in the story several times like he is interviewing Raj,</p><p> "Chief Executive Officer Raj Subramaniam, who took over for Smith less than a year ago, <a href="https://www.bloomberg.com/news/terminal/RSNDIEGJCD1L" target="_blank">calls</a> it “a more holistic approach to how we move packages” that will help the company save $6 billion by 2027." </p><p>LAter, he says this, “Will they go all the way to independent contractor service-providers? Yes, I see that happening,” said Satish Jindel, founder of ShipMatrix, which provides logistical consulting and market data. </p><p>Who in the hell is Satish Jindel and why are we getting information from him and ShipMatrix?</p></blockquote><p></p>
[QUOTE="Empty Pockets, post: 5562460, member: 77481"] If you can trade stocks profitably, another option is to call Vanguard and move 90% of the fund into a (SBDA)Self Directed Brokerage Account. It is with TDAmeritrade and is active the very next day to trade. I was into stock trading 20 years ago and Press Releases usually have a reason behind them and the timing is everything. For instance, you try to put bad news out on a Friday so it is forgotten by Monday. Conversely, good news is best on Monday so the stock will run all week. Well, this Press Release is weird. [URL="https://www.bloomberg.com/news/articles/2023-04-10/fedex-overhaul-contemplates-a-future-with-no-drivers-on-payroll?leadSource=uverify%20wall"]FedEx Overhaul Contemplates a Future With No Drivers on Payroll[/URL] The story is written by Thomas Black who does appear to be employed by Bloomberg. He quotes Raj early in the story several times like he is interviewing Raj, "Chief Executive Officer Raj Subramaniam, who took over for Smith less than a year ago, [URL='https://www.bloomberg.com/news/terminal/RSNDIEGJCD1L']calls[/URL] it “a more holistic approach to how we move packages” that will help the company save $6 billion by 2027." LAter, he says this, “Will they go all the way to independent contractor service-providers? Yes, I see that happening,” said Satish Jindel, founder of ShipMatrix, which provides logistical consulting and market data. Who in the hell is Satish Jindel and why are we getting information from him and ShipMatrix? [/QUOTE]
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