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...And you know what, a lot of good people at the SEC agree with me. They won’t say it publicly....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...Fast forward a few months and Hertz’s EV fleet isn’t going anywhere....
...Suitors who are knocking at Macy’s doors have little interest in fixing its retail business. They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
...At the same time, there’s a silver lining to the fact that the Max 9 planes are so new....
...The idea is to reflect investor costs, which indices don’t, and capture the true make-up of individual portfolios....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...Even if [the lapses are] totally separate, you can’t say that every Max leaving the factory floor is good to go.”...
...Valuation, as everyone knows, provides no guidance to future returns except over very long holding periods. Sentiment has been a slightly better guide, at least recently. Look at the AAII chart up top....
...Liz Wright, head of sales for Europe, the Middle East and Africa at Morningstar Indexes, said an ETF that is a “short-term holding [ . . . ] may not necessarily see substantial inflows” if it cuts its fees...
...“Those that didn’t get there are looking at it similarly, but they have a little bit of a hurdle because it’s the first time they’re actually getting bitcoin to their clients.”...
...And that wasn’t the only mini-drama....
...“But at home they have a few drinks and probably the prawn sandwiches, and they don’t realise what’s going on out on the pitch.”...
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...Analysts at Wells Fargo downgraded their rating on the stock citing concerns that the FAA probe could expand to other Max models....
...“It doesn’t matter what system you put in place. We’re measuring it on the outcome.”...
...“It doesn’t matter who owns it as long as they keep the aircraft business.”...
...While shares in Icahn Enterprises haven’t recovered and Icahn’s holding company’s net assets have continued to shrink because of hedging losses, the famed activist investor has marched on....
...Both Boeing and Spirit have been at the centre of a firestorm after a door plug on a Boeing 737 Max plane blew out mid-flight in January....
...“You can’t talk about options, the Greeks, you can’t talk about systematic trend strategies, you can’t talk about performance-based, behavioural exposure moves....
...“Given the stock price and the moves made operationally, things weren’t going well,” said one person involved....
...All of those on board landed safely at Portland, Oregon....
...“The voucher is helpful to address the cost barrier, but it won’t help with the scarcity of the resources,” said Charlie Dai, an analyst at US research company Forrester....
...Judging by the record share prices enjoyed by some of these companies in recent months, Wall Street doesn’t believe it either....
...It hasn’t worked out that way....
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