Supply chain radar: Pay attention to the Qantas blame game play
The irony of unintended consequences
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
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…
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