FeightWaves (March 20)
“FedEx Corp. reduced its full-year guidance for the third consecutive quarter because of intensifying macroeconomic headwinds and uncertainty in the U.S. industrial economy, which are crimping higher margin B2B shipping services.” One major source of uncertainty is “the rapid escalation of tariffs and tariff threats from the United States, which is inviting retaliation and worries of diminished consumer demand because of higher prices.”
Tags: B2B, Consumer demand, FedEx, Guidance, Headwinds, Industrial economy, Intensifying, Macroeconomic, Prices, Reduced, Retaliation, Shipping services, Tariffs, Threats, U.S., Uncertainty, Worries
New York Times (June 29)
The twin threats of “dangerous heat baking…the Southeast” and “the wildfire smoke filling the skies” in the Midwest “aren’t connected directly. But a common factor is adding to their capacity to cause misery. Human-caused climate change is turning high temperatures that would once have been considered improbable into more commonplace occurrences. And it is intensifying the heat and dryness that fuel catastrophic wildfires, allowing them to burn longer and more ferociously, and to churn out more smoke.”
Tags: Catastrophic, Climate change, Dangerous, Dryness, Heat, Human-caused, Improbable, Intensifying, Misery, Smoke, Temperatures, Wildfire, Wildfires
Reuters (August 9)
“The last thing the Bank of England wants right now, one suspects, is a precipitous fall in the value of the pound. Yet with the worst Brexit fears intensifying, that’s exactly what it may have to brace for.”
