The stock market is down today. Why? COVID is back in the EU. In fact, cases are essentially back where they were in March.
Germany has been spared so far, but if cases spike there, we will likely see new economic shutdowns in the EU, which has worldwide implications.
Winter is coming…. what happens when everyone has to be inside in 2 months?
Many people are working remote and now students are learning remote as well. I was always curious what would happen when things started to reopen in terms of productivity.
Well, let’s take a look at TSA passenger data.
Typically after Labor day air traffic drops as the summer vacation season ends.
Well, not this year! In fact, we are now having another ramp up in air traffic as people take advantage of remote work and learning. This is bullish for the airlines as this helps fill the gap for business travel that probably hasn’t ramped up.
Of course, the question is how much work and learning happens on the beach…. I’m guessing not.