矜重的比尔 : The three major US airlines - $Delta Air Lines (DAL) $$United Continental (UAL) $$United Continental (UAL) $$US Airlines (AAL) $ - In the face of large fluctuations in oil prices, this year's stock returns were quite good. Although their performance was not superior to the market, the return was still 10-25%.
Despite the ongoing recovery, the 2.7% net profit margin is far below what is acceptable to investors in most other industries. This means that for every passenger transported, the airline has only $5.45 left, which is about enough to buy a “big latte” at Starbucks in London.

矜重的比尔 : Saudi Arabia cancels all production cuts: Saudi Arabia has borne most of this year's global production cuts, hurting its economic growth and fiscal balance. This is now beginning to affect Saudi Arabia's ability to spend on Vision 2030 reforms, and may put pressure on the government to increase crude oil production.

矜重的比尔 : What do low interest rates mean? The widening gap between rich and poor households
Due to the sharp slowdown in global economic growth, low interest rates are accompanied by relatively low inflation. Central banks all want to stimulate consumption and increase inflation through easy liquidity. However, in the context of sluggish real economic growth, inflation has not been possible, and the overall economic recovery is progressing and falling one step. As a result, the central bank must continue to maintain easing to meet the “political correction.” Over the past ten years, we have also really discovered that central banks are not independent. The reason behind loose money is that the gap between rich and poor is widening, and more and more money is entering high-quality assets. The wealth of people with high-quality assets has increased on a large scale. Countries with high-quality assets are closing the gap with other countries, and companies with high-quality assets are also bridging the gap with ordinary companies. This is the root cause of today's global society.