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Delta posts steep quarterly, annual earnings loss; COVID-19 caps ‘toughest year’ in company history – Yahoo Finance

Delta Air Lines capped a rough 2020 with staggering losses in the fourth quarter.

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Basic physics, and the evidence of our own eyes, tells us that what goes up must come down. But the NASDAQ is over 13,000, and the S&P 500 is over 3,800, and some market watchers are starting to wonder where the ceiling is. Banking giant JPMorgan investigates that question, seeking to find out just how much room the bulls have left to run in the current market conditions.Looking back to the collapse of Lehman Brothers, and the financial crisis of 2008, the banks global markets strategist Nikolaos…

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