Wonder where the economy is heading? Keep an eye on earnings | CNN Business

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Where is the US economy heading? Keep a close eye on corporate earnings.

Economic bellwether FedEx\n \n stunned Wall Street last week with a massive earnings warning and tepid outlook for the global economy. FedEx’s bad news overshadowed a more promising development on Thursday, the agreement between railroad operators and unions to avoid what could have been a crippling freight rail strike. Still, investors remain nervous about the health of the railroad business, a sign of the jitters about the overall economy.

Tech titans Apple\n \n and Microsoft\n \n , streaming leader Netflix\n \n , consumer products stalwarts Coca-Cola\n \n and Procter & Gamble\n \n , restaurant chains McDonald’s\n \n and Chipotle\n \n and banking leaders JPMorgan Chase\n \n and Goldman Sachs\n \n are just a few of the blue chips that will give financial updates next month. The change in sentiment has been dramatic.

 

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DONT ACT LIKE YOU GIVE A SH!T ABOUT AMERICANS

FedEx actually initiates the end of pandemic shopping on line. People are going back to the supermarket and other retailers.

It's going to helllllllll Jk probably going to pick up soon with a baby boom that doesn't stop peaking for about 15 years 💋👶🏻

Ohhhh geee I don’t now. Maybe it’s media outlets like you pushed and pushed and pushed for Biden to be president and look where it got you?

Us economy some side effects can pull u down

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