Everything is probably going to be fine, because it always is, but there are worrying signs.

Inflation is ticking higher, the dollar has lost a significant amount of value this year, unemployment is steadily increasing, hiring has slowed to a crawl, diplomatic relations are worse than I have ever seen (global sentiment is that the US is an absolute joke now), tourism to the US is down, crony capitalism is rampant, socialism is starting to creep in (trumprx.com, subsidies to farmers, public investment in private companies like Nvidia), agricultural exports are at an all time low, and I know you don't think tariffs are inflationary or reduce GDP, but it's pretty much an undisputed fact amongst economists. Tariffs are sticky too and the damage is long term.

Now will Delta be able to navigate all this and remain profitable? Probably. But there are definitely headwinds and VCTS.