It’s curious how certain bearish views* are nowhere to be found these days after FedEx, once again rising to be Wall Street’s darling, has proved the (few) bulls right.

And, in the plain words of founder Fred Smith, it has also forced the world to adjust to its own speed thanks to Covid-19 as “the world has accelerated to meet our strategies“. That was by far the best line of 2020, and one that risk management concept pupils should master at ...

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