RE: Hope for airlines26 Jul 2021 10:29
I did a mask wearing analysis over the end of last week and the weekend in various shopping areas and retail outlets. The week day shopper is much less likely to bother with the mask, with DIY and household stores having around 50% wearing. The supermarkets have a a little bit more wearers on the weekday. There was a higher level of wearers on the weekend in the supermarket, like 80% in an Aldi store, and a bit higher in the household stores. I was not challenged at any entrance, or within any store and didn't see anybody not wearing being challenged at all. One thing of note, a lot of shop staff had ditched the mask! Where policy boards were on display there was reference to 'personal choice for customers and staff' in most locations. Given the unions were one of the more vocal pro-mask lobby groups I found that interesting.
From this it can be concluded that the intense mask wearing lobby with the support of mass media has managed to spook/fool a fair number of people in to believing that they are making a positive benefit.
What this means for case numbers? The current decline in reported cases is most likely due to the drop in testing with the kids of school now. The masks came off a section of the population a week ago so it is still about a week before the effects will show through. Factor in the extent to which different mechanisms can spread the virus, aerosol v contaminated mask/surfaces, I will expect to see a rise back to the levels before the schools broke up [and testing volume decline] and then a decline. The rate of decrease will be slow if the same rate of mask wearing continues. But the rate of decrease will gradually get larger and larger. There will be spikes in isolated areas, some might be significant, with a probability of sudden very local lockdowns in some wards. This will continue whilst some mask wearers continue as super spreaders in shops. Spreading in pubs and restaurants will be very low as most people abandon the mask in these zones, however these zones will be the first to shut down.
At some point the truth about the masks themselves being the spreaders of infection will have to be put into public discussion. The correlation all around the planet shows conclusively the spread within mask wearing areas is the same or indeed worse compared to no wearing areas.
For the full reopening of international travel due to falling cases numbers to happen, the masks have to go. A return to normal travel will be within a matter of 3-4 weeks if the masks were banned tomorrow - the first ban inside airports and aircraft.
So when you hear the first public reference to what I have been arguing for the some time now, it may well be the first signal the end of the pandemic and travel restrictions is over. On that you should use your 360 perspective to make your own informed decision on whether to invest or not in travel related stocks. Investing should never be made on emotional decisions.