Originally Posted by
golfandflows
The coming recession/depression is about to buy the regionals a few more years.
Inflation
Oil price
Russia
FED interest rate policy mismanagement
The hit on American’s discretionary income is about to bring all of the fun to a screeching halt.
This is all true. But the thing is no one really knows how things will play out post pandemic or how the Russia situation will end. Perfect storm, absolutely it’s going to be a case of music stopping and furloughs at the majors sooner than anyone would imagine.
But as the COVID situation has proven, the opposite can and will happen of what every “expert” prediction may be. Time shall tell, and it appears we don’t have long to wait to find out.