Is it really so hard to catch ? Latest Ebola news. Bit of a worry when a very modern U.S. Hospital with all the correct protective equipment gear, procedures and isolation ward can't contain this thing.
http://news.yahoo.com/texas-health-c...095758341.html
Markets hate uncertainty. I fear that until there's some genuine headway made against this threat the market is probably right to be pricing in some risk of a material affect on people's propensity toward reconsidering non-essential air travel. Air travel that's already booked cannot be cancelled because of people's fear so AIR is okay with solid forward bookings at this stage but what about later on if headway can't be made against Ebola ??? Unfortunately I think the risk in the short / mdeium term is to the downside, affix seat belts, turbulence ahead. Hopefully one of the many early stage vaccines that are being trialled will be effective. Who really knows how this thing will play out... It may interest some of you to know that some of the American airline stocks are down circa 15% in the last month, e.g. Delta down from circa $39.50 to just under $33. On a relative basis AIR has probably held up quite well in the circumstances especially considering the recent 15.5 cents in divvy's.