Originally Posted by
THKooj
Patience grasshopper. I've been through this twice before. 9/11 and the Great Recession. Eventually things return to normal. This time, much more quickly as the underlying economy was fundamentally strong before. Once that vaccine hits, by year end it seems, then I expect that V shaped recovery in spades. You have a job at AA. Just take a deep breath and let it out slowly.
I agree with about 80% of this. I’m not an AA pilot until I get treated like one or we at least wear the same damn wings lol. My paycheck may say AAG but I sure as heck don’t get the 16% direct 401k contribution.
As for the recovery, I agree. The economy was built solidly and proof of that is the DOW currently sitting at 26,713.87. That’s only roughly 3k below pre Covid levels. No one is really talking about that. It’s impressive. So I think, and I’d like to believe others think the same way as well, that the vaccine will quell anxieties about traveling, sort of like a cure all shield. But I also think the media will try to keep this going since it’s an election year, and it will continue after wards. I won’t get into politics on that, but until the headlines stop reading about Covid panic click-bait, this will get dragged out. If not, then it will be pretty swift.
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