FedEx's CEO admitted some truth about the Fed's rate cut this week, and the stock was immediately punished for it, dropping 15% on Friday. This raises a bunch of questions, starting with: what happens to stocks in general when the Fed cuts rates? The answer is not what you think.
Eurodollar University's Money & Macro Analysis
CNBC FedEx quarterly profit disappoints as demand for speedy delivery wanes
https://www.cnbc.com/2024/09/19/fedex-reports-drop-in-quarterly-earnings-on-lower-demand-for-priority-services.html
Robert Shiller 2013 Nobel Speculative Asset Prices
https://www.nobelprize.org/uploads/2018/06/shiller-lecture.pdf
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What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.