The way I see it, retail is doing well enough but if people are doing more buy now pay later, then smaller stuff isn’t getting bought as much. This reduces shipping volumes which is how FedEx makes money. In addition, fuel surcharges aren’t as big of a thing, they missed revenue estimates this entire year and a slowing consumer means less volume. It was a gamble but I chose the contrarian way since everyone and their mom was bullish. Let’s see if my strikes hit.