You can watch the replay of the webinar here https://event.webinarjam.com/go/replay/27/n0rnxu71sp7b8nb1
FedEx warned that the US economy is now the biggest constraint on the world, experiencing what the shipper currently estimates is a very serious round of "uncertainty." However, incoming data - not to mention the dollar - shows how the situation is becoming more - not less - certain, with a whole host of updates today. "Uncertainty" simply means "we don't like how this looks."
Eurodollar University's Money & Macro Analysis
CNBC FedEx cuts full-year results forecast on ‘uncertainty’ in economy, bad weather
https://www.cnbc.com/2025/03/20/fedex-cuts-full-year-results-forecast-on-uncertainty-in-economy-bad-weather.html
Bloomberg Lightspeed Cuts Revenue Outlook on Weakening Consumer Confidence
https://www.bloomberg.com/news/articles/2025-03-24/lightspeed-tsx-lspd-cuts-revenue-guidance-as-consumer-spending-slows
SPG US PMIs
https://www.pmi.spglobal.com/Public/Home/PressRelease/a30301f1804041a083e1a0671ee3df46
SPG-HCOB EZ PMIs
https://www.pmi.spglobal.com/Public/Home/PressRelease/b4bd322643a349e99e8d6f8c290051e0
Jibun Japan PMIs
https://www.pmi.spglobal.com/Public/Home/PressRelease/7a339d18dce843d68203c0455cb84caa
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
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.