Worldwide Exchange

FedEx Under Pressure, Red Sea Attacks, and a Santa Claus Rally 12/20/23

12.20.2023 - By CNBCPlay

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FedEx shares are under pressure after the company lowered full-year revenue guidance. BofA Securities' Ken Hoexter explains. Plus, the U.S. and its allies are reportedly considering a strategy shift around attacks in the Red Sea. FreightWaves CEO Craig Fuller discusses the outlook. And, are the markets poised for a Santa Claus rally? 2/13 Strategic Partners' Greg Sarian and Yardeni Research's Ed Yardeni weigh in.

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