FedEx's CEO `Cautiously Optimistic' on Fiscal Cliff

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Dec. 6 (Bloomberg) -- Fred Smith, chief executive officer of FedEx Corp., talks about the U.S. economy and trade, federal budget negotiations between lawmakers and the likelihood that they'll be able to avert the so-called year-end fiscal cliff of automatic budget cuts and tax increases. Smith, speaking to the Economic Club of Washington, said he's "cautiously optimistic" that Republicans and Democrats will reach a deal. (Source: Bloomberg)

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