A growing list of companies from FedEx to BMW are warning about the world economy

div > div.group > p:first-child"> With an ongoing trade war between the U.S. and China, Brexit uncertainty weighing on Europe and the U.K., and new weakness out of Japan, a group of business leaders say it's harder than ever to rake in profits.

"Slowing international macroeconomic conditions and weaker global trade growth trends continue, as seen in the year-over-year decline in our FedEx Express international revenue," FedEx Corp. Chief Financial Officer Alan B. Graf, Jr. said in the firm's quarterly earnings report. "We are expecting many difficulties this year such as slowing growth in major economies and risks over global trade conflicts," Samsung Co-Chief Executive Kinam Kim said.

Fitch dropped its global growth forecasts for 2019 to 2.8 percent from 3.1 percent. For 2020, it dropped from 2.8 percent from 2.9 percent. The eurozone growth outlook weakened"particularly sharply," Fitch said. It also highlighted a slowdown in China, and decelerating in emerging markets led by Turkey and Argentina in the aftermath of last summer's currency crises.

BMW is just getting worked over by Tesla because they put EV development on hold...

When companies like this keep shooting warning shots over your head and you keep advancing - like this market - you do so at your own peril

More red flags of an upcoming Recession.

Trump are you listening? No.

Yes and move to the usa , that is the only economy booming right now , we need leaders like Trump in Europe

it’s a new world order lmao the TRUMP order 🤔

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

FedEx stock falls after company misses Wall Street Q3 viewsShares of FedEx Corp. fell more than 3% in the extended session Tuesday after the logistics company missed Wall Street's expectations for its fiscal third... But but....the economy is great....trade deal.....dovish FED.....say it ain't so
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Stocks making the biggest moves after hours: FedEx, Tencent Music and moreSee which stocks are posting big moves after the bell on March 19.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Elon Musk vs. SEC; Brexit chaos; FedEx earningsToday’s top business headlines with ChristineRomans: - S&P 500 climbs to five-month high - CNN poll: 7 in 10 say economy in good shape - Lyft plans to raise more than $2B in its IPO - DraftKings looks to cash in on March Madness ChristineRomans Basically Trump is killing it ChristineRomans Trumps America ChristineRomans Hate him all you want stats say Trumps doing a good job
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

FedEx earnings could save this lagging sectorFedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector. Nope. Awful earnings.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

FedEx falls after missing on earnings and revenueFedEx is set to report earnings after the bell How did they send in their earnings? Hope they 'deliver' a good 'package'!! Great puns there. (With help from my Singaporean Executive Assistant, Jon. We both guffawed at that.) Best, Michael
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »