Baronman
Well-Known Member
Ding! Ding! Ding!
The situation now is not really any different from any other time in the last decade, I think. I remain optimistic, but somewhat guarded.![]()
The situation in 2008 was much more dire than what we're experiencing now. Oil prices are on the high side now (still not as high as they were then) and we were going into recession then. Consumer confidence was considerably lower which meant a lot of discretionary spending (travel) was being curtailed. While things aren't totally rosy now there are more people who are willing to spend.