Recession
08-18-2019, 06:42 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: May 2016
Posts: 178
Recession
With murmurs starting and it being ‘about time for another one’, would it be better to fly for a place like OO or XY, one of the WOs or places like XJT or C5 that are partially owned?
I know seniority is everything in this industry...just wondering what opinions are of how bad it’ll be in regards to furloughs and which regionals would most likely have the least amount.
I know seniority is everything in this industry...just wondering what opinions are of how bad it’ll be in regards to furloughs and which regionals would most likely have the least amount.
08-18-2019, 08:24 PM
#2
Gets Weekends Off
Joined APC: Jul 2008
Posts: 4,203
Look at the last one WO didn’t do so well. Really there is no good answer. Go where you could be fine being stuck for 5-10 years.. you won’t know the answer tell 5 years after the recession is there really will be one..
08-19-2019, 05:52 AM
#3
Gets Everyday Off
Joined APC: Aug 2016
Position: Relaxed
Posts: 6,944
Last week the headlines were filled with recession now. The yield curve inverted 2 vs 10 year bonds. It was 0.01% and only lasted a few hours. Then they went on to the new crisis of the day.
Today 34% of economists say they expect a recession in 2021. Most others, later or not taking a position.
The stock market is still climbing the wall of worry, it has yet to reach the euphoria of when my barber starts giving me stock tips. That is the sign we are ready for a recession. We ain’t there yet.
Today 34% of economists say they expect a recession in 2021. Most others, later or not taking a position.
The stock market is still climbing the wall of worry, it has yet to reach the euphoria of when my barber starts giving me stock tips. That is the sign we are ready for a recession. We ain’t there yet.
08-19-2019, 07:48 AM
#4
Gets Weekends Off
Thread Starter
Joined APC: May 2016
Posts: 178
Originally Posted by TransWorld
Last week the headlines were filled with recession now. The yield curve inverted 2 vs 10 year bonds. It was 0.01% and only lasted a few hours. Then they went on to the new crisis of the day.
Today 34% of economists say they expect a recession in 2021. Most others, later or not taking a position.
The stock market is still climbing the wall of worry, it has yet to reach the euphoria of when my barber starts giving me stock tips. That is the sign we are ready for a recession. We ain’t there yet.
Today 34% of economists say they expect a recession in 2021. Most others, later or not taking a position.
The stock market is still climbing the wall of worry, it has yet to reach the euphoria of when my barber starts giving me stock tips. That is the sign we are ready for a recession. We ain’t there yet.
08-19-2019, 08:36 AM
#6
Porco Rosso
Joined APC: Apr 2018
Posts: 2,522
Originally Posted by Av8tor8710
You don’t think the election coming up will play a roll?
08-19-2019, 10:17 AM
#8
Strike averted!
Joined APC: Mar 2015
Position: B737
Posts: 3,643
Originally Posted by herewego
I thought the last one would be bad for my portfolio, but it's made more in gains since Nov 2016 than I have in salary .
08-19-2019, 12:34 PM
#9
Gets Everyday Off
Joined APC: Aug 2016
Position: Relaxed
Posts: 6,944
Originally Posted by Av8tor8710
You don’t think the election coming up will play a roll?
Will there be a recession before the election? Not what economists, wise investment people with above average track records, the former head of the the Fed, and the Sec. of Commerce say.
08-19-2019, 05:52 PM
#10
Gets Weekends Off
Joined APC: Sep 2014
Posts: 317
I don't think we'll see any effects of a recession until next year. When it does come, I don't fore see ferloughs, I think there is just enough pilots to fill a reduce schedule. I predict legacy slow their hiring, there won't be as much movement as there was. But every can change.
Thread
Thread Starter
Forum
Replies
Last Post
