Originally Posted by Washout;[url=tel:3954844
3954844]Yeah. Hope you were buying at the bottom in April. People are looking in the rear view mirror.
Everything I'm saying is verifiable. Go look yourself
The economy is reaccelerating into the crash. Markets crash up first as the dollar slides and people fomo into speculative assets. That's what you're witnessing after they got the tariff wrong.
Tariffs are deflationary.
Profitable now. The consumer is going to crushed as autos, homes crash, and the stock market with it when layoffs tick higher etc. The gig economy distorts everything. Gdp growth from Ai does very little for the bottom 80%. When the top 20% get hit early next year. DL and UA are in for the most hurt due to their passenger base.
Yes they are profitable and will shrink to remain profitable. Take at least 3 years for the economy to begin to recover.
How each cuts pay/rules/staffing is airline specific. AA is certainly bankrupt. UA, DL, and SW will grind out the weaker ones and do the best. Not doom, but gonna be a wild ride.
Cheers.
You sound like an FO I flew with recently. His TDS was so heavy, thinking the world would end, he liquidated his entire 401k (PRAP) during both of Trumps terms, and blames Trump for ruining his retirement plans after missing two historic runs. YCMTSU
Everything you’re saying, people said about the Biden economy too. It didn’t go up but it also didn’t crash the way everyone predicted.
But hey, on a long enough timeline everyone is right at some point, even the Bears. Betting against the US economy in the long run has always been a losing proposition however.