Air Freight & logistics index is getting crushed in a global slowdown. This tells me that any rally is not sustainable in stocks b/c global macro is quickly deteriorating pic.twitter.com/yOHBMpxb9E
— Alastair Williamson (@StockBoardAsset) December 19, 2018
In a matter of months, Wall Street goes from trillion dollar companies, and price for perfect to now begging the Fed to pause, slowing balance sheet reduction, & walking back 2019 hikes. This is a twilight period of chaos.
— Alastair Williamson (@StockBoardAsset) December 19, 2018
I think we can finally say, that the 1998-to-2018 bubble has officially broken. FDX, and many other stocks, are showing the same pattern. pic.twitter.com/L0QwZSUUSf
— Jin SEO (@JTSEO9) December 19, 2018
Earnings estimate cuts have started to kick in for 2019 (especially for the energy sector)@thomsonreuters pic.twitter.com/5YXID6EXdp
— Liz Ann Sonders (@LizAnnSonders) December 19, 2018
Smart Money Flow Index: lowest since Feb. 1995 pic.twitter.com/J2YrBp4AWe
— Eric Pomboy (@epomboy) December 19, 2018
Full quote from FedEx management — saying most of the global economic slowdown is the result of “bad political choices.”
(via @bespokeinvest) $FDX pic.twitter.com/K6x240Wz9T
— Carl Quintanilla (@carlquintanilla) December 19, 2018
— M/I_Investments (@MI_Investments) December 19, 2018