Keeping in mind that we live in a world where deflation is a relatively distant memory while inflation still prevails*, to read yesterday’s dividend hike announcement by FedEx (FDX) was quite shockingly awesome.
(*In this context, click here for Premium’s pertinent take on stagflation from January 2021.)
Far from saying Belt-Tightening FedEx… ohhh right, ‘One FedEx’… offers guidance in reading the Fed cycle in cutting fed funds (here’s the pattern since 1980), …
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