The US averaged over 2 million airline travelers a day over the last week for the first time since March 7, 2020.

We're now only 21% below pre-covid airline travel levels and closing the gap fast. With business travel accounting for roughly 12% of total airline travel, we may not see a full recovery until businesses resume their pre-covid travel routine (which may not happen).

New Post:

How the "Buy the Dip" Generation Came to Be...

https://t.co/dIiEGsI0oh

Rivian ($0 revenue, -$1.6 billion net income) now has a higher market cap than Starbucks ($29 billion revenue, $4.2 billion net income) and Target ($100 billion revenue, $6.3 billion net income).

$RIVN $SBUX $TGT

Data via @ycharts

Revenue growth over the last year (TTM)...
AMC: -40%
Zoom: +100%

Net Income over the last year (TTM)...
AMC: -$2.08 billion
Zoom: +$1.14 billion

Stock price over the last year...
$AMC: +1,131%
$ZM: -45%

Data via @ycharts

Hello $29 trillion...

https://t.co/XgZmSZVGu0

The reported national debt has been stuck at $28.9 trillion as we hit the new "debt ceiling" back in October, only a few days after it was raised. It now needs to be raised again, with the next debt ceiling "deadline" on Dec 3. When that happens, we'll quickly hit $29 trillion.