Filtering Through Today's Economic News [View article]
It's a mystery to me "playing" MFD or MGU for suffering airlines. For that matter neither is an ETF.
“Airlines, Already Suffering, Brace for Further Woes” – Some analysts say if conditions continue to deteriorate, several airlines may not survive. (NYT) ATA showing passenger rev. down 26% over past year on 9.5% slide in traffic & 18% drop in fares per traveler. With businesses aggressively cutting costs and consumers unlikely to open their wallets anytime soon, there is a long runway ahead for the airline industry. Ways-to-Play: FAA, MGU, MFD
Filtering Through Today's Economic News [View article]
“Airlines, Already Suffering, Brace for Further Woes” – Some analysts say if conditions continue to deteriorate, several airlines may not survive. (NYT)
ATA showing passenger rev. down 26% over past year on 9.5% slide in traffic & 18% drop in fares per traveler. With businesses aggressively cutting costs and consumers unlikely to open their wallets anytime soon, there is a long runway ahead for the airline industry.
Ways-to-Play: FAA, MGU, MFD