FedEx Global Volumes Decline, CEO Expects A Worldwide Recession | TPTS

FedEx reduced its full-year projections and announced cost-cutting measures, citing lackluster worldwide cargo volume. Global volumes decreased as macroeconomic factors deteriorated, CEO of #FedEx Raj #Subramaniam stated. We're increasing cost-cutting measures notwithstanding this unsatisfactory result. Subramaniam claimed he predicts a "global #recession" on CNBC's Mad Money.   Thanks for watching this RTD News Update. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live on air, and bring a topic.    ✅ The 4Patriots 3-month emergency food kit will help you get your calories up and ensure that you never go without food in case of emergencies. https://www.4patriots.com/rtd  ✅ BullionMax is offering a limited-time promotion to help you get your weight up. While supplies last, buy 5 ounces of silver at a discounted price. http://bullionmax.com/rtd  ✅ Staying plugged in with the demise of the dollar has never been easier. Connect with RTD to stay in the mix 👉 https://www.rtd.news  DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.