Do markets take FedEx warning seriously?

The earnings-related warning -announced by FedEx last week caused most stocks to crash 20% by the closing bell on Friday.

FedEx was founded in 1971 by billionaire businessman Fred Smith. Friday’s warning has a definite meaning, that is the US economy is currently challenging.

However; analysts are split into two groups, the one believing that FedEx must now regain the trust of investors, which could take more than a year and those analysts are not favouring generalization of the warning across the whole market. The other, is another team of analysts who see that stocks are poised to suffer from real earning issues in Q4.