Originally Posted by
slats11
Back in February on another thread, I was warning this was going to be huge. I was repeatedly told "this virus has nothing to do with aviation so take your opinions elsewhere", as well as receiving the benefit of several lessons in high school math regarding exponential growth curves and log functions.
Anyway, that was a few months ago. I think the latest data suggests fairly strongly that we are further through this than we think, and that society overall will recover a bit faster than many think. Look at the ASX and NYSE.
Let’s not forget that the ASX/DJI hit their all time highs in mid-late Feb AFTER the initial travel bans had been enacted and more importantly after many experts in the field had warned of the severe impact.
The stock market isn’t the worst indicator of where things are going but it’s far from the best.