Earnings Outlook: Vacation and Cruise Plans in Focus This Week
- By John Tierney
- 4 min read
Summary
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- Equities took a hit on concerns about a hawkish Federal Reserve (Fed), but finished the week with continued hopes that priority is still a soft landing.
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- FedEx confirmed that the freight recession persists as consumers buy less stuff and industry works off still high inventories.
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- Costco and Carnival Cruises will provide key updates on what consumers are spending their money on these days.
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