The Bonddad Blog: How Confident Are Traders .... Really?

Tuesday, May 1, 2007

Here are two charts. One is for Federal Express (FDX) and the other is for UPS. Are traders really confident in the US economy?

George Phillies said...: Aren't corporate profits here likely to be slightly sensitive to fuel price excursions?; May 1, 2007 at 2:41 PM
bonddad said...: Yes. But they are also very sensitive to the overall economic environment.; May 1, 2007 at 5:03 PM
Anonymous said...: Since the sub-prime mortgage stuff started, it seemed like both of these companies could be impacted. If credit markets tighten, home sales slow down and volumes drop alot on their most lucrative deliveries... overnight packs (of mortgage-related documents.) But then of course there's always the fuel price problems - but aren't they so used to fuel price spikes so as to have forecasted them?; May 1, 2007 at 5:04 PM