UPDATE NO. 489: Economic Growth, Crash vs Correction, Fedex Fundamentals, Island Life

1Oct22 $FDX (NYSE)

Dear Friends of Purple Chips,

On Thursday, the Dow was at 29,200. It was more of the same high volatility in the last 2 weeks, with big up and down moves. In this video, we look at the following:

• US & Canadian economic growth;

• We explain the difference between a crash and a correction;

• We talk about some opportunities and what we think lies ahead;

• We take a peek at the fundamentals of Fedex; 

• A glimpse of Island Life.

Please click below for the latest:

US Deep Purple

US Purple Chips

Canadian Purple Chips

Please click on the icon below to view the video.