FedEx reports their quarterly results this week and concurrently lowered their guidance for the upcoming quarter. Their CEO also stated that they are concerned about a worsening global economic slowdown.
In this week's video we discuss the latest CPI figures, both the headline CPI and "Core" CPI. In short, inflation does not appear to be going away anytime soon. We also discuss how much cash is appropriate and whether or not the 4% rule still applies.
Finally, we provide an update on whether or not this is the worst year since our CIO has been alive.
#recession #inflation #fed #fedex #slowdown #bearmarket
#inflation #economy #recession #fedex
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