Monday, June 1, 2020

America Is Getting Back To Business

Excerpts From New York Times, 26th May, 2020,


Passengers at John F. Kennedy Airport earlier this month.  Johannes Eisele/Agence France-Presse — Getty Images 

As more states ease lockdown orders, Americans are starting to eat out, book flights and buy houses again. The return of these activities, mirrored in other countries, is stoking optimism in the markets, as shown by the following 5 interesting indicators  

1. People are moving again, as measured by requests for directions from Apple Maps.


2. Air travel is picking up, although it remains far below its peak. 



3. Some trips include hotels, as occupancy rates are improving.


4. People are dining out, cautiously.


5. Big-ticket purchases like houses are picking up.