3 Airline Stocks to Consider as We Head into the Busy Summer Travel Season
Summer is right around the corner, and traditionally that’s when families pack their bags and get away for a well-deserved vacation. Since this is the first summer travel season in three years that feels like the before times, airlines and airports are bracing for what is expected to be a particularly busy three months.
Rock and a Hard Place
It looks like the economy will grow for a while, just not very fast. And we simply don’t know what will happen when the Federal Reserve tightens in the face of a slowing economy. Housing is clearly slowing, as are certain kinds of consumer spending. But consumers seem intent upon spending on experiences and travel. I’ve been traveling this week, and I can tell you the hotels and airports are full, as well as restaurants. This may give the Fed additional room to tighten without hurting growth.
Quick Thoughts: Global Investor Forum 2022
The Franklin Templeton Institute hosted the Global Investor Forum last week in New York featuring internal and external speakers with expertise across economics, history, foreign policy, sustainability and investment management.
SEC to Crack Down on Misleading ESG Claims With Fund Rules
The US Securities and Exchange Commission is taking its biggest step yet to stop money managers from misleading investors when they claim their funds are focused on environmental, social or governance issues.
Tesla’s Removal From S&P Index Sparks Debate About ESG Ratings
Tesla has grown into a $735 billion company on the back of its breakthrough electric-vehicle engineering. Its own carbon footprint is a small fraction of its peers, and its success in the market has pushed the industry overall away from gas-powered vehicles.