RE:RE:RE:It's not about debt...Usually when the media / analysts "predict", they are wrong. Otherwise, we'd all be rich.
Look at oil, went negative in 2020 and then you have guys like Cramer saying he's done with fossil fuels. Then, you get oil at $110 and you start hearing calls for $150 and as high as $380. What happened, oil tanks 25%. And lately now, the calls are for recession. Maybe we get a mild one, but severe is not happening. One has to be contraian or else risk getting trampled at the exits.
Wynjoe wrote: If you look at the charts before the big drop in March 2020,I think Air Canada was due for a correction of some sort,but below $10.00 was an overreaction combined with panic selling. Now that's behind us, I do see a continuing positive performance with normal ups and downs definitely surpassing $30.00 before the new year. Revenues will get better each quarter notwithstanding some catastrophic event. A recession will not happen,as the world is in short supply of everything and higher paying jobs are just around the corner.