Bear Market
Very small single size poll here. My cousin put off refinancing his house and doing a MAJOR remodel because of interest rates. He isn’t the only one. Less money flowing means a pull back in discretionary spending, means a slow down in employment, means a slow down in housing, means a correction/recession.
The good news for you guys. Should the need to shrink the list ever come, United would spend more money furloughing, training, and retraining, rather than just waiting for natural attrition off the top in the form of retirements.
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