Notes You Need for June 4: Maple Syrup, gas prices, housing affordability, airline profits

June 4, 2018 | Daily JAM, Notes You Need | 3 comments

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. This item from today is a representative sample: “11:40 a.m.: Global airline profits this year are projected to slide from the record reached in 2017, according to the International Air Transport Association, as a result of higher fuel and labor costs. Net income for 2018 is likely to total $33.8 billion, 12% lower than a December forecast for $38.4 billion from the group. The new forecast compares with an all-time high of $38 billion in airline profits in 2017.”