EVENING READING
18 March 2010 by Cullen Roche
4 Comments
- FedEx says the recovery is spreading - $Yahoo
- China: The coming costs of a superbubble - Katsenelson
- A China-US reckoning - Forbes
- Bearish on bank stocks! - TSCM
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Comments
just 8 days ago fred smith head of Fedex told the financial times that the recovery was in deep peril. i read it.
whats the deal?
see:
http://buzz.yahoo.com/article/1:financial_tim933:9913bffa69e2a192febf14be1a3d70b2/FedEx-warns-on-US-recovery
Odd right? That earnings report was paraded around yesterday like it was a very bullish note. I listened to the CC though and the way they described the recovery was soft and modest. Not broad and robust like the MSM would have had you believe….
maybe rahm,eric,tim or ben called em’ up n yanked.