Jolt from Japan, Count on the Consumer?, and Shipping & Shoes 12/20/22
The Exchange
00:00
FedEx or FedEx?
The good thing about FedEx is, as everybody said, is a lot of the bad news is priced in. And if they can actually show on this conference call, if they have some improvement in execution, they'll probably get tremendous amount of investor re-interest in the play. If China actually has the ability to reopen, FedEx would be a bellwether there. After all, China is about 17% of their annual revenue, probably more of their earnings.
Play episode from 19:13
Transcript
