The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
https://www.lse.co.uk/news/air-fares-come-in-for-a-landing-airline-stocks-take-off-q1ejcvr4y02rrec.html
As Paranoia Blue aka The Vicar used to exhort over at VOG -"strap in !" The morning could be a cracker. gla
https://www.cmegroup.com/insights/economic-research/2022/might-inflation-have-peaked.html
Interesting finish. Maybe the us inflation was what the market was watching and whether it has peaked. Gold down over 1% too (less risk flight?? As many say here, there is really high demand no matter what the macro is saying.
Shorts are steady but I would be hopeful of an August bonus at Sandbar (washed up on one lolol).
Maybe things are looking up for another of our 5-7% sp boosts, with todays good finish tomorrow could be really good.
LAMBRINI on the rocks with a Waggon wheel trifle in the fridge for tomorrow close.
Looking good this morning, be nice to hold a 119-21 level until Mr. Market decides to push us into the 120's
Nice heatmaps : https://tradingeconomics.com/commodities .
GLA
***Postcard from Chipping Sodbury***
Well, all I can think of bobbins2 is that the markets are sitting tight over present and future rate rises and inflation (challenging labour and materials (semiconductors esp.) and winter gas supplies. As for us, airline reports suggest things won't really be whizzing until end of '23; maybe Mr.Market is holding off until say next spring, again after maybe an interesting winter and whether Ukraine will win/lose etc. Mr. Market is also aware of Taiwan and of course monkey pox. Covid ? Is it on it's decline?
Oil is slowing / dropping (recession fears and extra capacity). Good for us then. And aviation finance steady apac banks interested : <https://www.whitecase.com/insight-our-thinking/overall-investment-outlook-global-aviation-finance-0>
Wrap- i think we are in a v. slow accumulation phase which may increase once the traders return from hols and there is more vol to hide within. Plenty snowflakes/ black swans ! I'm still watching gold for sudden accumulation spikes on flight to safety. Go well. From the 'Sodbury 'Nearly There Arms'. :)
A fair finish ,hopefully a new floor for next week. Watching the monkeypox levels on sp. Otherwise all 'stable'. Sp likes 'stable'. unleaded falling 6p at my local garage.
Our Swiss friends are looking good. Could bode well for a few more groats flowing into airline sector- and a bit coming our way as ii's revisit sector.
https://www.swissinfo.ch/eng/swiss-climbs-out-of-the-red-zone-in-first-half-of-2022/47803028?utm_campaign=teaser-in-querylist&utm_source=swissinfoch&utm_medium=display&utm_content=o
Coc kburns port after my homemade Pot Noodle (sardine and marshmallow flavour). Mmmmm baby.
On the up.
Blue Nun in the polycarbonate B&Q conservatory. I close my eyes and image sitting in a Sunseeker moored off Monaco with John Cravens Newround playing in a french walnut enclosed Bang and Olufsen box.
Ah..how the other 0.0002% live
Would you Adam and Eve it- a blue finish ! Tree shake down to 113 ? Hopefully the last of the short termers have taken their dough and later this week we can carry on the tentative climb up to 120 (+). GLA
Like many of these whizzy banks/ trading houses. Some twerp suggested their salaries and bonus structures are there to attract the best talent...
How many suffered in 2008 and came to the taxpayer cap in hand. Talent ? Hmmm
Wad shot on good (considering) results. Think we'll stay around this level for a few days as long as macro stay ok. Might get a sp boost but bots pretty trigger happy atm. Not expecting any blue colouring for a Monday. GLA
We didn't give much back after yesterdays golden finish. I though the Feds 0.75 increase might spoil the afternoon but air travel fundamentals plus the new planes kept us straight.
New planes also likely to be more fuel efficient. 118- who would have believed it only a few weeks ago. How things suddenly chance when sh*t news ends up as chip wrappings and it's someone elses turn to get panned.
150 if the macro envirnments is steady-ish and the papers focus on car jams and train strikes and a new cure for tooth decay instead of airport chaos and pox and Ukraine doesn't go all WW1-ish.
Can't wait until tomorrow after seeing our after hours trades today ! GLA
Great stuff. Even with the inevitable profit scoop later the trajectory on the day chart could well mean a few days of decent returns.
I think we were at 121 for some time before the tank to ~105. Nice to regain that level possibly this week.
Asti Spumante on ice for Friday. Topic bar wrapped in organic vine leaves and a Curley Wurly and Jersey cream puddin'.