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.

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..

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.

You don’t think the election coming up will play a roll?

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 .

The election might take a toll quickly on the face value of the stock market, but the deeper stuff that actually brings recession doesn't change overnight. The election alone won't do it. See 2009.

Whole wheat or sourdough?

But seriously, it depends on who wins.

Anyone age 40 or below has had the most 401k gains in their lifetime.

Play a role? Will the news media scream recession? Probably. After all, since the Russia thing went away. . .

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.

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.