- FedEx sounded the alarm on the US economy during its first-quarter earnings call this week.
- “I think there is a lot of whistling past the graveyard about the US consumer and the United States economy versus what’s going on globally,” CEO Fred Smith told analysts.
- “This is the most dispiriting call about the economy I’ve heard in a very long time,” Jim Cramer, host of “Mad Money” on CNBC, said on “Squawk on the Street.”
- Watch FedEx trade live.
The shipping giant expects it to grow 2.3% read more >>>