Fedex is a bellwether of global growth: "FedEx Pares Global GDP Outlook as Slowdown Damps Profit Forecast"- Bloomberg
(Source: Roubini`s Official Twitter)
Related, Fedex (FDX), SPDR S&P 500 Index ETF (SPY)
Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.