Breaking: FedEx (FDX) BOMBS in after-hours

Stock down 16% after CEO warns of global recession ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Let's start with the good news. President Joe Biden announced a "tentative" agreement that looks like it will prevent the potentially catastrophic nationwide railway strike that would have started today. Now, the unions still have more to say about this, so things could change quickly. But for now, we're in the clear. Unfortunately, that doesn't tell the whole story. The interest rates people pay on mortgages have skyrocketed... leading to serious problems for homeowners around the country. Put it this way... the last time the 30-year fixed rate mortgage was this high, George W. Bush was president. It might as well be a different lifetime. So we're seeing the housing market cool... but ordinary people are still having a hard time affording a place to live. It's the worst possible combination. All this strengthens my conviction that learning how to trade is a NECESSITY today. The people in charge don't know what they're doing... They told us inflation would be transitory. It wasn't. The told us it would be another "Roaring Twenties." It's not. Now they're telling us supply chains will hold up during what promises to be a very challenging winter. Frankly, I'm not very optimistic. In this world, you have to make your own way... but you don't have to do it alone. For that reason, I'm extremely excited about today's column. Chris Hood, the best in the game, presents a crash course on trading. This is a must-read. And I mean must. The world you were born into no longer exists. The institutions are failing you. The companies don't care about you. You need to be armed with this intellectual firepower so you can defeat a hostile world. We're your arsenal. And Chris Hood lays out exactly how you can start winning today. Last day of the week, let's leave it all on the field. Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Mortgage Rate Hits High, Inflation Momentum, FedEx Doomerism - Summers Urges 0.75% Hike - Former Treasury Secretary Larry Summers's predictions of inflation have been vindicated over the last year. Markets therefore stood up straight and paid attention when he urged another major interest rate hike. "It has seemed self-evident to me for some time now that a 75 basis points move in September is appropriate," he said. "And, if I had to choose between 100 basis points in September and 50 basis points, I would choose a 100 basis points move to reinforce credibility." Yesterday, he tweeted that "underlying inflation has substantial momentum."  - FedEx CEO Joins The Bears  – CEO Raj Subramaniam said that he thinks a recession is on the way for the global economy. "These numbers, they don't portend very well," he said to CNBC's Jim Cramer. Explaining his own company's disappointing performance, Subramaniam said, "We are a reflection of everybody else's business, especially the high-value economy in the world." FedEx (FDX) stock plunged more than 16% in after-hours trading - Railway Strike Averted – President Joe Biden touted a tentative deal between carriers and unions that has averted, for now, a potentially catastrophic railway strike. The deal gives workers more time off and more pay, as well as other benefits. President Biden called it a "big win for America." However, it's not over yet - the deal still has to be approved by workers in a vote. - Mortgage Rates Surge Past Six Percent - This hasn't happened since November 2008. The 30-year fixed rate mortgage has now hit 6.02%. Surging interest rate hikes and inflation have pushed the rate up almost a full percentage point in a month. It started 2022 at just 3.22%. "3-Pillar" strategy spots a 108% surge in just 4 days... RapidFire is on fire — with new trades are on the verge of exploding soon! [Click here to learn more](. HOT SPOTS: What's Going on in Geopolitics - Speaker Pelosi's War Tour Continues – Perhaps Speaker of the House Nancy Pelosi is simply the greatest war correspondent of our time. Fresh from her journey to Taiwan, which sparked furious complaints and intensified military drills from China, the Speaker is heading to Armenia. The country is on the brink of war with Azerbaijan. The visit by Speaker Pelosi, who will reportedly be accompanied by Rep. Jackie Speier (D-CA), will likely be interpreted as a powerful statement of support for Armenia. Traditionally, Armenia's regional protector is Russia - but Russia has other problems right now. - Inflation Savaging Argentina – Argentina's central bank is increasing its benchmark interest rate by 5.5% to 75%. Inflation is currently nearing 100% despite eight previous central bank interest rate hikes this year. The country is struggling to keep a $44 billion deal with the International Monetary Fund, part of which includes keeping interest rates above inflation.  - Xi Says China Ready To "Team Up" With Russia - President Xi Jinping had warm words for Russian president Vladimir Putin at a summit in Uzbekistan. "In the face of the colossal changes of our time on a global scale," said Jinping, "unprecedented in world history, we are ready to team up with our Russian colleagues to set an example of a responsible world power and to play a leading role in putting a rapidly changing world on the track of sustainable and positive development." For his part, Putin thanked China for its "balanced position" on the war in Ukraine. CUTTING EDGE: What[']( Happening In Tech - Queen's Funeral Set To Be Biggest Broadcast Event Of All Time - Industry experts say an estimated 4.1 billion people may tune in on Monday, September 19, for the funeral of Queen Elizabeth II at Westminster Abbey. The previous record was for the Opening Ceremonies of the 1996 Atlanta Olympics. If estimates hold up, it would mean that more than half of the world's population will be watching. - Apple Now The Most Shorted Stock – Just days after unveiling its new iPhones and other gadgets, Apple (AAPL) has now displaced Tesla (TSLA) as the most shorted stock. According to S3 Partners, short interest in AAPL is now $18.4 billion.  - FTC Warns "Gig" Companies On Workers - Companies like Uber Technologies Inc., Lyft Inc., DoorDash, and others have received a massive shot across the bow from the Federal Trade Commission. "No matter how gig companies choose to classify them, gig workers are consumers entitled to protection under the laws we enforce," said Samuel Levine of the FTC's Bureau of Consumer Protection. According to the Federal Reserve, 16% of Americans earn money through an online gig platform FOR YOUR CONSIDERATION "How do you know which tickers to trade?" "If I earned a dollar every time I answered this question, I’d probably just quit trading and retire on a private island." theories. Let's get practical. How exactly can you build your own trading approach? How exactly do you stop being on the defensive and learn how to win... in any market? Chris Hood has your crash course on investing. Stop what you're doing and take a few moments to read this. It will pay off in the months, years, and decades to come. [FINDING TRADING OPPORTUNITIES - CRASH COURSE]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. 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