Earnings season reimagined
Corporate earnings results, tariffs, interest rates and oil prices were just some of the topics discussed on the latest Ivy Live broadcast. Watch the replay to hear our views.
Across Asia and Europe, high-speed rail is providing a competitive alternative to air travel on comparative routes, in terms of price and door-to-door speed, reports Bloomberg.
Railways and airlines are generally competitive in travel distance up to 600 miles. For greater distances, many travelers consider flying a better option time wise. However, new technologies could change that line of thinking in the near future.
The new rail industry is seeing its most vibrant growth in China, which also has the world’s largest high-speed network, the fastest trains and the greatest ambitions for future expansion. With speeds of about 199 mph, Japan’s bullet trains have become the staple of domestic travel. In Europe, the Eurostar high-speed rail from London to Paris and Brussels served 10 million riders last year. With fares starting at $39, Eurostar offers passengers a competitive alternative to low-cost airlines.
Not surprisingly, the U.S. lags behind these countries in terms of total passengers and routes. But that could be changing as more short distance U.S. routes are being studied. (Source: Bloomberg)
Articles are chosen for summary in this Market Intelligence blog based on newsworthiness in conjunction with The Infinite Loop themes. Any opinions and views expressed in the articles are generally those of the underlying author from the source listed, are not necessarily current as of the date of this blog, may change as market or other conditions change, and may differ from views expressed by Ivy Investment Management Company and its associates or affiliates. Actual investments or investment decisions made by Ivy Investment Management Company and its affiliates will not necessarily reflect the views expressed in the articles. These articles are distributed for educational purposes only and are not investment advice or a recommendation to purchase, sell or hold any specific security mentioned in the article or to engage in any investment strategy. Investment decisions should always be made based on each investor’s specific financial needs, objectives, goals, time horizon and risk tolerance. Securities discussed may not be suitable for all investors.