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Reuters (March 15)

2021/ 03/ 15 by jd in Global News

U.S. airlines are pointing to “concrete signs of an industry recovery as a slowing COVID-19 pandemic helps leisure bookings.” One of them, “Chicago-based United, which had been among the most pessimistic of the airlines heading into the pandemic a year ago, is the first to say it could hit the industry’s cash burn milestone” and return to the black in March.

 

Wall Street Journal (February 17)

2021/ 02/ 18 by jd in Global News

“Continental governments have spent trillions during the pandemic keeping firms alive and people in jobs, but that safety net could be putting off the economic deep cleaning that normally comes with recessions.” Concern is growing that “mothballing the economy for so long will leave it struggling to adapt to the seismic business and social changes the crisis is driving. That could stall an economic recovery.”

 

Bloomberg (February 12)

2021/ 02/ 13 by jd in Global News

“GameStop is only the most public manifestation of a trend that radically departs from all precedents. Some of the potential consequences are worrying…. The most heavily shorted stocks have been doing well ever since the recovery from the initial shock of the pandemic got under way last March.” This has created “a historic ‘black swan’ disaster for short sellers.”

 

Wall Street Journal (January 29)

2021/ 01/ 30 by jd in Global News

“You know political spin is at work when the economy grows by 4% in the fourth quarter but the headlines are that growth fell for the entire pandemic year. Everyone already knows the economy fell off the cliff in the first half of 2020. The news is that the economic recovery is continuing despite the winter Covid surge.”

 

WARC (December 3)

2020/ 12/ 05 by jd in Global News

With the “coronavirus in check,” China’s economy “is showing increasing signs of recovery.” This now extends to alcohol sales. “As social distancing rules and dining out restrictions are eased, brewers and distillers report increased demand, and the Chinese consumer, it seems, has a thirst in particular for premium brands.” The “growing penchant for premium products” is happily in step with the Government, which is promoting them as “a key driver of the country’s economic recovery.”

 

Financial Times (November 16)

2020/ 11/ 17 by jd in Global News

“The US economy is facing an accelerating surge in coronavirus cases and harsh new restrictions on business activity without the cushion of meaningful fiscal support, raising fears of a blow to the recovery.” The market has rallied on vaccine advances, but “the deteriorating health situation across the country presents an imminent threat to the US economy as the winter months approach.”

 

Seattle Times (October 27)

2020/ 10/ 28 by jd in Global News

“The world’s biggest buyers of commercial jets believe Boeing, which is set to report more heavy financial losses Wednesday, has fallen significantly below parity with rival Airbus — with limited options for recovery as it bleeds cash during the pandemic-driven aviation crisis.”

 

Reuters (October 19)

2020/ 10/ 20 by jd in Global News

“China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.”

 

San Francisco Chronicle (October 4)

2020/ 10/ 06 by jd in Global News

“As President Trump’s fellow humans, we can only wish him and his wife the quick and painless recovery…. As citizens of the country he was elected to lead, we can only see his illness… early Friday, as the apotheosis of his mismanagement of the crisis, which has helped put more than 200,000 Americans beyond the reach of any well-wishes.”

 

LA Times (October 2)

2020/ 10/ 03 by jd in Global News

“Trump’s coronavirus infection is the result of his deadly, foolish recklessness.” His presidency “has been a disaster,” but this is still “a time for Americans to come together and wish Trump a speedy recovery…. We hope Trump will return to good health — and then be resoundingly defeated in November.”

 

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