Comment / 'One FedEx' (+9.5%) greatness stands out

ID 555043 © Melissa Dockstader | Dreamstime.com

Keeping in mind that we live in a world where deflation is a relatively distant memory while inflation still prevails*, to read yesterday’s dividend hike announcement by FedEx (FDX) was quite shockingly awesome.

(*In this context, click here for Premium’s pertinent take on stagflation from January 2021.)

Far from saying Belt-Tightening FedEx… ohhh right, ’One FedEx’… offers guidance in reading the Fed cycle in cutting fed funds (here’s the pattern since 1980), what you read below is a testament to the greatness ...