Whack, whack whack: it's my winter almanac
Goodbye 2022 … uh oh, here comes 2023
So the US may be on fire right now, but it doesn’t appear to have dented investor appetite – shares of airlines rose 11.75% yesterday, according to Forbes. The move follows news from the famous Dr Fauci that a Covid vaccine may be available by year-end. Airline stocks are, naturally, still some way down on their normal trading range, but there have been ‘positive flows’ for 62 straight days. And it’s not just airlines, domestic trucking is picking up too.
If so, indicates the article, airlines could recover far quicker than the two-to-four-year forecast they have suggested. But as we are all learning very fast, the world works in mysterious ways and the shocks may just keep on coming…