FedEx CEO on Global Reality: “The Stock Market Is Very Bullish, But The Industrial Economy Doesn’t Reflect Any Growth At All Worldwide”…..There is reality… and then there is the stock market.
via Zerohedge: Yesterday we covered Fedex’s latest disastrous earnings report, in which the company disappointed Wall Street yet again reporting a huge miss to expectations while slashing guidance. Naturally, analysts – who were once again wrong in expecting a rebound for the logistics bellwether – were quick to slam the results (it’s the company’s fault, not theirs … Read more