FedEx stock just took a beating.
FedEx stock tanking 12% after hours
Biden’s Recession and Inflation – a worsening crisis that creates misery for our Economy. pic.twitter.com/r6rxyyTJGx
— Steve Cortes (@CortesSteve) September 15, 2022
JUST IN – FedEx stock plunges over 20% pre-market on "surprise" slowdown fears, CEO warns of worldwide recession.
— Disclose.tv (@disclosetv) September 16, 2022
FedEx stock crashing like this is another sign of this economy’s continued collapse. It is a significant indicator because it shows that fewer goods are being shipped using their services. Fewer goods being shipped means economic activity is slowing.
The economy is a mess and it is only going to get worse. Just wait until winter rolls around.
