JDean3204
Well-Known Member
The economy seems a little iffy these days, granted the retirements will happen either way but what is everyone’s opinion on a slow down in the next year?
Right now all we hear is pilot shortage and majors hiring thousands in the next few years, but I think the slowdown is about 6-12 months away. A lot of spending going on right now is excess savings many accumulated during Covid or just racking up debt to do the things Covid wouldn’t allow for two years. Many housing markets are in an artificially high bubble due to low inventory, but the prices are heading down quick in certain geographical locations. The used car market is also flipping to a complete surplus situation as well. Now I’m not an economic buff, but are those the canaries in the coal mine?
Let’s hear it, without the political banter would be nice.
Right now all we hear is pilot shortage and majors hiring thousands in the next few years, but I think the slowdown is about 6-12 months away. A lot of spending going on right now is excess savings many accumulated during Covid or just racking up debt to do the things Covid wouldn’t allow for two years. Many housing markets are in an artificially high bubble due to low inventory, but the prices are heading down quick in certain geographical locations. The used car market is also flipping to a complete surplus situation as well. Now I’m not an economic buff, but are those the canaries in the coal mine?
Let’s hear it, without the political banter would be nice.