{"id":419428,"date":"2010-03-11T19:36:24","date_gmt":"2010-03-12T00:36:24","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-ultimate-bellweather-fedex-is-not-sold-on-this-recovery-2010-3"},"modified":"2010-03-11T19:36:24","modified_gmt":"2010-03-12T00:36:24","slug":"the-ultimate-bellwether-fedex-is-not-sold-on-this-recovery-fdx","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/419428","title":{"rendered":"The Ultimate Bellwether, FedEx, Is Not Sold On This Recovery (FDX)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/6ab9b9145bb1244813c37a00-398-298\/fedextruck.jpg\" border=\"0\" alt=\"fedextruck\" width=\"398\" height=\"298\" \/><\/p>\n<p>Everyone knows that FedEx (FDX) is &#8212; or at least is seen as &#8212; the ultimate economic bellwether.<\/p>\n<p>So anything the company says about the economy is a big deal.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/588e8cae-2d48-11df-9c5b-00144feabdc0.html\">FT<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">The nascent US recovery could falter because businesses are still reluctant to invest in new equipment and technology, the head of global delivery and logistics company FedEx has warned.<\/p>\n<p style=\"padding-left: 30px;\">&ldquo;Business investment went up somewhat in the fourth quarter but is far below what it ought to be in a cyclical recovery like this,&rdquo; Fred Smith, chairman and chief executive of FedEx, told the Financial Times.<\/p>\n<p>FedEx earnings come out next week. Hopefully we&#8217;ll learn more then.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-ultimate-bellweather-fedex-is-not-sold-on-this-recovery-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-sentiment-indicator-thats-warning-of-a-market-sell-off-2010-3\">The Sentiment Indicator That&#8217;s Warning Of A Market Sell-Off<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-one-chart-that-tells-you-everything-about-what-a-rollercoaster-month-weve-had-2010-3\">The One Chart That Tells You Everything About What A Rollercoaster Month We&#8217;ve Had<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/heres-the-real-reason-china-wont-raise-rates-2010-3\">Here&#8217;s The Real Reason China Won&#8217;t Raise Rates<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Ysry7EeO0Ys\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everyone knows that FedEx (FDX) is &#8212; or at least is seen as &#8212; the ultimate economic bellwether. So anything the company says about the economy is a big deal. FT: The nascent US recovery could falter because businesses are still reluctant to invest in new equipment and technology, the head of global delivery and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-419428","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/419428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=419428"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/419428\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=419428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=419428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=419428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}