Our Man Russell

Here is a recent interview article from Barron´s:

http://online.wsj.com/article_barro...92740660808-IdjeoNolaB3oJ2sZHmIbKWHm4,00.html

 

Thanks for the link Babak.

 

Thank you for the link. But has Russell not been a bear the last year, when the stock markets went north? ?

 

If you believe that a company like FDX is a proxy for the Economy and the Dow Transports, it is interesting to note that the company recently reported a 41% increase in quarterly net profits on unexpectedly strong revenue of more than $6 Billion.

In otherwords, the worldwide economy is picking up steam and the company has been able to raise margins from 3.2% to 5.0%, even including restructuring charges.