The Investment Thread

bclemms said
Pandemic plays are toast. Netflix, Pelaton, etc got hammered today.

So if people aren’t watching TeeVee what are they doing?

Travel boom is about to go so far past crazy. Two concerns are oil prices and if economy struggles to pick back up.

Airlines are beat up due to Omicron, 5G news, rising oil, overall market headwinds and labor costs but payback travel about to hit the skies and nothing will matter. From spring break until the holidays next year it’s going to be nuts. Business travel, conventions, international travel, it’s all going to come roaring back in the next 3-5 weeks.

I do think there will be some suffering still this month. Flights are noticeably less crowded, as in 95% full instead of overbooked. Flight cancellations due to staff shortages are about to go away and everything will be humming.

It's kind of crazy. If World O Meters is correct, we have about 25 million active cases.... just adding up the cases since Dec 21, so the last 30 days, we have had about 17 million covid 19 cases. and about 7-8 Million are in the last 10 days. That's a lot of people not working, not traveling, spouses maybe too.. or other family members. Lots of people temporarily on the economic sideline.