Oh United

BigZ said:
UAL has it's own set of circumstances and even at that this cancellation a very odd event.

I would expect AA to tone down the hiring numbers for this year. That isn't as bad for the WOs (to an extent) as it is for the off the streets though.

I'd expect LCCs to not stop hiring.
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I agree, for now. I think this week will be telling for where this whole thing goes. I think it won’t be out of the realm of possibility to see a further 7-10% drop in the markets.

At the end of the day I don’t think any potential industry calamity will be driven by much more than people’s fear. I don’t have a bad feeling about Covid-19, but I do about people’s reaction to it and what it’s already doing to the economy.
 
chrisreedrules said:
I agree, for now. I think this week will be telling for where this whole thing goes. I think it won’t be out of the realm of possibility to see a further 7-10% drop in the markets.

At the end of the day I don’t think any potential industry calamity will be driven by much more than people’s fear. I don’t have a bad feeling about Covid-19, but I do about people’s reaction to it and what it’s already doing to the economy.
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100%. China just shut down their entire centrally controlled economy because they're irrational.

And that stoppage in the global supply chain likely has more to do with markets being in free fall and individual American feelings on the issue.
 
jtrain609 said:
100%. China just shut down their entire centrally controlled economy because they're irrational.

And that stoppage in the global supply chain likely has more to do with markets being in free fall and individual American feelings on the issue.
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Exactly. Markets open in just a minute. The world is watching...
 
@jtrain609 -

The airline pilot response:

”China and Korea are part of the deep state conspiracy” “it’s a buying opportunity for equities“ and “Don’t worry, there’s a company in (San Diego/Tel Aviv/Germany/Shenzhen) that is close to a vaccine so I’m buying shares of their stock”.

:). Sound familiar?
 
tcco94 said:
Do you like what you're seeing?
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Sure.

Remember, the stock market is NOT the broader economy, though. No matter what the Trumptards say. If it was, they'd have been orgasmic over the performance under one Barack HUSSEIN Obama.

I certainly like a well-performing equities situation, since my retirement lives in funds based thereon (yay Empire of the Fund), but it's not the most useful indicator of, well, anything other than how equities are performing.
 
Autothrust Blue said:
Sure.

Remember, the stock market is NOT the broader economy, though. No matter what the Trumptards say. If it was, they'd have been orgasmic over the performance under one Barack HUSSEIN Obama.

I certainly like a well-performing equities situation, since my retirement lives in funds based thereon (yay Empire of the Fund), but it's not the most useful indicator of, well, anything other than how equities are performing.
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Did you say the same last week?
 
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tcco94 said:
Do you like what you're seeing?
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I’m pleasantly surprised today, I’ll be honest. I was anticipating a “blood bath”. The news will worsen this week. Deaths will continue as a result and community-level outbreaks will spread. They’re already predicting a 23%+ drop in airline revenue as a result of this. And we haven’t even hit a stride in it yet. This will get worse before it gets better I fear.
 
Autothrust Blue said:
Been saying it for years.

Even under "Obummer's" administration.
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Broad improvements of the economy didn't count under Obummer did it? I forgot how weird that was, but it's kind of like remembering Trumper believed the election was a fix until he won, or any number of dumb things like the 26mil a year for protecting trump tower because Melania was fighting with her husband. Aight
 
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