CNBCのインスタグラム(cnbc) - 3月21日 01時02分


The U.S. economy may be strong, but a top executive at FedEx said its international business has been weakening, especially in Europe. Now he’s flagging serious concerns about the global economy.⁣

FedEx just missed on earnings and slashed full-year guidance. They reported declining international revenue, citing unfavorable exchange rates and the negative effects of trade battles.⁣

FedEx shares have also dropped roughly 27% in the past year, lagging the XLI industrial ETF’s 1% decline.⁣

A number of other multinational companies have also warned about a global economic slowdown, leaving some investors on edge.⁣ 😬

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#FedEx #International #GlobalEconomy #Economy #Trade #Tension #FedExExpress #Shipping #business #BusinessNews #News #Executive #Warning #Flag #CNBC


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