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Nike, Carnival, Micron Technology, Fed Interest Rate, and More to Watch This Week - Barron's

1. FedEx will report earnings this week alongside declining consumer sentiment. 2. Anticipated retail sales may indicate weakening demand for FedEx's services. 3. Fed's monetary policy decision might affect FedEx’s operational costs. 4. Consumer health has deteriorated, impacting logistics companies like FedEx. 5. Existing-home sales remain low, suggesting slowdown in shipping needs.

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FAQ

Why Bearish?

Consumer sentiment is declining and retail sales are weak, historically correlating with lower shipments for FedEx.

How important is it?

The upcoming earnings report and market conditions are crucial in forecasting FedEx's near-term performance.

Why Short Term?

Earnings reports and retail data will have immediate effect on FedEx’s stock performance.

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