RE: How does Fed policy affect IAG30 Jan 2022 19:46
We can safely say that airlines or other related stocks I.e RR have seen nothing of the sort compare to other companies. Mostly tech stocks have seen the biggest uptick and we’re now seeing that any companies missing their targets (even if only slightly) or any other iffy news then they are in a free fall. PayPal springs to mind. Almost 50% down from its highs.
I believe once money does start to come out of all these pumped stock with rich valuations they will want to put them into post pandemic growth stocks. That being airlines, that hardest hit and the last to make its recovery.