Fedex pulled their guidance for the year. Stock was down over 20 % in a day. I don't know ifit is as strong of a bellweather as it used to be, now that it doesn't have amazons business any more. We've never had this level of quantitative tightening. i trying to unwind a nine trillion dollar balanc so there's lots of unknowns right now.
"The best time to buy is when pessimism is prevalent." (0:21) John Rotonti discusses: - Why the rise in investor pessimism gets him excited to go shopping for investments - What he's watching - A mind-blowing stat about how important it is to stay invested in the market (10:30) Tim Beyers talks with Tim White about which SaaS companies have sticky software (as opposed to skippable). Stocks mentioned: FDX, KKR, ADBE, SQSP, SHOP, TEAM, HUBS, CRM Host: Chris Hill Guests: John Rotonti, Tim Beyers, Tim White Engineers: Dan Boyd, Rick Engdahl
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