Friday, June 5, 2015

"Surge Pricing"

The phrase "surge pricing" is one I keep hearing about. If you followed the Iraq war you know that "surge" means an increase. It translates at home as market forces reflect supply and demand. The airlines have long blacked out peak periods of travel. And if you order a UBER car and driver on New Year's Eve at 3AM be prepared for "sticker shock" as the price could triple. A very sobering experience.
  Now I read where Disney World is also following this practice for peak travel dates. I wish my portfolio would surge!
tjs
(Blogger will be in Cape May next week to partake of the waters and salt air and will resume upon my return.)

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