Fred Smith sees a V-shaped economic recovery
 

An interview yesterday Fred gives his prediction:


https://video.foxnews.com/v/61426944...#sp=show-clips

Well when things hit bottom, there is only one way to go. “UP”

Nope. There's always sideways with a slow, gradual increase which would be way worse than a V-shaped recovery.
The details and nuance of our CEO's analysis is apparently lost on some

A sliver of optimism amongst all the doom and gloom... I hope he's right

Measuring from the horizontal plane. 80 degrees down angle and then 30 degree up angle, kind of a lazy “V” pattern qualifier. Highly doubtful to be a pure “V” for sure. This involves too many areas of our economy (global impact as well) and unfortunately emotions to recover as fast as it fell. Definitely recover though; hopefully businesses we saw/used/owned/worked for prior to this remain intact and as prosperous as before.

Trump said its V and a beautiful V so I say its gonna be a big V a very big one . Youge one😂

Latest Fred Smith Interview 5/14/20
 

Fred did not once mention shareholder value over the next quarter. By Wall Street standards he should be removed for dereliction of duty. Instead, he spoke of long-term fundamentals, long-term investment, and long-term economic trends. What the hell is wrong with this guy?

I just hope that when he retires, he has positioned a replacement that can get by with that sort of craziness.

Pipe

23:25 mark: "we've been working with our pilots and the 'AOPA'."

Those must've been some heated discussions.

He said A L P A .. Air Line Pilots Association.

You must not be southern. LOL