I think back to Bill Maher's comment after Trump's election, that he wished the US economy would tank in order to force Trump out. The fight between globalism and nationalism is real, trillions of dollars and personal power are at stake. I wouldn't be surprised if all this is planned. Biowarfare extended to economic warfare...
But have no doubt Trump will prevail.
It will hurt airlines that hedge against higher oil prices. Which is most of them.
It is not that simple
Most airlines collar the options buying both puts and calls
So they are not that exposed
Do research before you spew nonsense
Bad day?
Collar hedges are still hedges against higher prices. What I said isn't untrue.
smh