Monday, October 11, 2021

Airline walkouts?

The big rumor over the weekend was that air traffic controllers and perhaps pilots and other airline workers have walked off the job as a result of vaccine mandates.  I have no idea how true or false this rumor may be, but I did look at a weather map, and the "bad weather" excuse for canceled flights seems awfully flimsy in the face of almost completely clear skies over the lower 48 states.  Very little green on that Doppler.

We'll have a big clue when the stock market opens in a few hours.  If the traders think the rumor is legit--if they think air travel is about to grind to a halt--then the market should plummet.  We should especially pay attention to airline stocks.

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