on if the "barron's roundtable," andrew berry, elizabeth o'brien and al root.w, the stock market, we got that the rate cut on wednesday. the market, it dipped a little lit -- little bit later in the day. what is the market trying to tell us? was the rate cut priced in? what are you seeing? >> it might have been priced in, but it was a mild if surprise about getting a half-point cut in rates and fed chairman powell talked about about a recl brace of short-term rates. rates now under 5, or dropping close to 4 later this year and maybe 3% in 2025. jackie: what about fedex? -- jack: what about fedex? if is that a fedex problem or is that the finish. >> well, there were some company-specific issues including customers trading down to lower price delivery options but also could be a cautious read on the economy. ups, this is its competitor, also has been weak this year, so it's something to watch. >> yeah. fedex, it's sort of good news-bad news. some of that trade down, industrial companies use a lot of the premium services, that demand is crying up. industrial econo