Friday, March 05, 2021 9:25:03 AM
Interesting: "Seniors rushing to get back on planes: Morning Brief"
"Vaccinations are having the biggest impact on airlines.
As we noted on Thursday, investors are fully onboard the re-opening train.
But these trades aren't only anticipating what might happen when the masses are vaccinated and the economy is fully re-opened — they are also responding to real-time changes in data.
In a note to clients published Thursday, economists at Bank of America Global Research led by Michelle Meyer flagged the massive surge in spending on airlines the firm is seeing from its Bank of America cardholders who are most likely to be vaccinated.
And this chart makes clear that it seems there is one thing people are most inclined to do once they get the vaccine: fly."
https://finance.yahoo.com/news/seniors-returning-to-air-travel-morning-brief-110150405.html
"Vaccinations are having the biggest impact on airlines.
As we noted on Thursday, investors are fully onboard the re-opening train.
But these trades aren't only anticipating what might happen when the masses are vaccinated and the economy is fully re-opened — they are also responding to real-time changes in data.
In a note to clients published Thursday, economists at Bank of America Global Research led by Michelle Meyer flagged the massive surge in spending on airlines the firm is seeing from its Bank of America cardholders who are most likely to be vaccinated.
And this chart makes clear that it seems there is one thing people are most inclined to do once they get the vaccine: fly."
https://finance.yahoo.com/news/seniors-returning-to-air-travel-morning-brief-110150405.html
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