Actionable insights straight to your inbox

logo_equities.svg

Delta Parks More Than Half Its Fleet; Cuts Executive Pay

The airline said revenue is expected to decline by $2 billion in March from a year earlier, as demand drops amid the spreading coronavirus.
  • 1 min Read

By Reuters

Source: Delta

By Tracy Rucinski,

CHICAGO (Reuters) – Delta Air Lines said on Wednesday it was parking more than 600 jets — at least half of its fleet — cutting more flights and implementing a round of paycuts for officers, managers, and directors while members of the board forgo compensation.

The airline said revenue is expected to decline by $2 billion in March from a year earlier, as demand drops amid the spreading coronavirus.

Editing by Franklin Paul.

_____

Source: Reuters

Everything an Investor Needs to Know About The Petrodollar and, Um, The Petroyuan

The implications of the dollar potentially losing its status as the global reserve are numerous. Obviously, there may be currency risks, and decreased demand for U.S. Treasuries could lead to rising interest rates. I would also expect to see massive commodity price swings.

Recession Odds Rising (Plus: Jay Powell, Meet Sal Dali)

Many of us economy-watchers have been expecting recession, though with significant differences on odds and timing. Regardless, recent banking developments just made recession more likely and may have accelerated its onset.

Don’t Get Mad; Get Smarter About Position Sizing

Many people think of position size in terms of how many shares they own of a particular stock. But it’s much smarter to think of it in terms of what percentage of your total capital is in a particular stock.

Everything an Investor Needs to Know About The Petrodollar and, Um, The Petroyuan

  • 4 min Read 
logo_equities_white

Sign up For our Newsletter

SITEMAP

Contact

© 2022 Equities News | Equities.com, Inc.