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Best Economy Ever as Fedex and General Mills Sales Plummet | 6.26.24 OVTLYR Trading Room
Published 1 year, 9 months ago
Description
Fedex and General Mills are both out this morning with reports showing significant declines in sales, volumes, and a loss of pricing power as inflation-squeezed consumers continue to cut back on everything from cereal to online shopping. It must be those bad economic vibes, because I'm told everything is great.