Clarion

The DJIA rose 92 points but NASDAQ was down 173, the S&P 500 was down 16 points and the 10 year treasury yield jumped .09 to close at 3.78% again. This wound up taking the wind out of the sails of some lodging stocks. The group still ended the day mostly higher but the big […]

Daily Covid cases have nearly tripled in Macau since removing the Covid-zero strategy, reports continue to be published about China’s Covid surge so it is about time Hong Kong makes sure they can stay a step ahead of the rest.  The “amber code” restrictions for arrivals to Hong Kong was removed as of today, abolishing the 0+3 isolation […]

The DJIA fell 94 points, Nasdaq was down 110, the S&P 500 fell 27 points and the 10-year treasury yield was up .01 to 3.89%. Lodging stocks were mostly lower. MCG was the big gainer, up 8% while SOND was the big decliner, down -7%. The parent of Allegiant Air said that damage from Hurricane Ian has caused the company to delay the planned opening […]