Wall Street Journal (September 12)
“Joby Aviation, which plans to begin an electric air taxi service in 2024, is worth more than Lufthansa, EasyJet or JetBlue…. Earlier this year, Tesla was worth more than the next nine car manufacturers combined, though now only the next six. Beyond Meat, made with pea protein, is worth more than the entire market for peas eaten globally…. Do fundamentals even matter?”
Tags: Beyond Meat, Car, EasyJet, Electric air taxi, Fundamentals, JetBlue, Joby Aviation, Lufthansa, Manufacturers, Market, Pea protein, Tesla
The Guardian (July 17)
“Desperate with hope,” many Brits are “drawn to the crescendo of signals that Brexit can’t and won’t happen, to stories that say the sheer impossibility of leaving the EU gets clearer by the day.” The signals are everywhere. “Fall off the EU cliff and put a third of our just-in-time food supply at risk. No flying to the EU, warns Ryanair, as easyJet moves its new HQ to Austria….car sales are down 10%, credit card debt up 10%, wages are falling behind rising inflation.” Yet even as the UK’s economy “sinks, while the EU’s charges ahead,” there is no guarantee that Brexit will ultimately prove reversible.
Tags: Austria, Brexit, Car sales, Credit cards, Debt, Desperate, EasyJet, Economy, EU, Food supply, Hope, HQ, Ryanair, UK, Wages Inflation
