Travel, Evergrande & Hydrogen

Check out the accompanying pdf and chart collection. (1) Travel stocks looking better if US Delta cases have peaked. (2) Waiting for the return of the US business traveler. (3) Watching Covid case counts in China and new gambling rules in Macau. (4) Covid took a bite out of China’s August air travel and KFC sales. (5) Analysts’ net earnings revisions turn positive for S&P 500 travel-related industries. (6) Why we’re watching China’s very leveraged, very troubled, very large property developer Evergrande. (7) Angry Chinese consumers at Evergrande’s doorstep demand their money back. (8) Trucks and cars powered by hydrogen fuel cells give EVs a run for their money.