Airline Investors: We’ve Been Here Before

Alan Joyce, CEO of Australia’s flagship carrier Qantas Airways, has never seen anything like it. The economic impact of the COVID-19 pandemic has been “the single biggest shock that global aviation has ever experienced,” he said in a recent memo to the airline’s 30,000 staff members.  Joyce’s message rings loud and clear. Due to global … Continued

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February 2020 Market Recap

Gold had a wild month in February – skyrocketing toward $1,700 an ounce on fears of the coronavirus spreading, then falling below $1,600 an ounce after global equities took a big hit at the end of the month.  Meanwhile, the airline industry fell even more under pressure, led by the halt of air traffic in … Continued

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