Originally Posted by
crazyjaydawg
I fully expect a recession, but it will have minimal effect on us.
1) We so far behind in capacity that we’ll still be adding seats through the recession.
2) The recession will be pretty short; 6-9 months. Likely over by Q3 next year.
No need to adjust our contract expectations based off of a short recession to reign in inflation.
I like you optimism but what weapon can the FED use is still fighting inflation. I am sure rates will lower, but not sure we will ever see near zero in the next 5-8 years. A lot of COVID talk about inflation but this jack has been in the box just ready to spring, covid just exacerbated it because of trade wars, supply chain, and the unforeseen changes in society in terms of labor.