Fedex is a global bellwether for good reason. What the company said about the economic environment at the start of Q3 was...nothing. But in choosing not to forecast anything, the company said a lot especially given the evidence that has come piling up. We haven't seen consumer spending and incomes like this in America since 2020. That's not a typo. Flat Beveridge.
Eurodollar University's Money & Macro Analysis
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https://event.webinarjam.com/channel/swaps
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https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
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