Notes You Need for December 28: Air travel, $15 minimum wage, BMW electric car and charging point estimates, gold rally, dollar decline, coronavirus checks, coronavirus vaccinations lag, climate change insurance costs, retail debt downgrades
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1, 2016. It runs only on JAM and won’t appear anywhere else. (Because I haven’t done one of these in a while and because there’s so much news, this might run on for a while.) For example, today at 10:20 a.m. I posted: More than 2.4 million people moved through TSA airport checkpoints this past weekend. That’s about 50% down from the number of people who went through airports in the two days after Christmas in 2019. But it’s the busiest weekend since March. More than 1.28 million people traveled Sunday, the biggest number since 1.52M people flew on March 15. Air travel hit a low of 90, 500 people flying on April 12. The CDC has advised, and state health officials have pleaded, for people to stay home for the holidays in an effort to damp the surge in coronavirus infections.