Description:Â There was more evidence of an improving economic environment Monday when bellwether FedEx Corp. raised its profit outlook and said it would again match employee payments into retirement funds.
Questions for discussion:Â
- Why is FedEx considered a leading economic indicator?
- How would you expect investors to react to the improved financial conditions at the firm?
- How would you expect other business decision-makers to react?
- Do you think this news is sufficient to boost equities over the next quarter?