Air Canada Shares Surge as Carrier Signals Strong Start to 2026
Original Report
Shares of Air Canada posted their largest gain since May after the carrier reported strong momentum in bookings this year compared to 2025.
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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Friday assorted links
1. The economy of Egypt continues to improve. 2. Who is Claude really? (New Yorker) 3. Cowen’s Second Law, as applied to the Midwest. 4. Andreas Backhaus economics Substack, a post on why the...