Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

TSX:AC - Post by User

Air Canada > Never bet against the FED

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Comment by flamingogoldon Jan 09, 2023 11:37pm

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Post# 35212622

RE:RE:RE:Never bet against the FED

Read my posts across the boards, I know what the FED mandate is... slowing the economy yes, but crashing not happening. They will pause their rate tightening between 4-5% jobless, well below the 14.7% rate hit during covid. No market capitulation is in the cards, that was 2020. The FED is not going to unwind all the work created to rescue the economy just to crash it again.

Returns2021 wrote:
hey loser - the FED is going to slow the economy (jobs and wage growth). Recession is underway which will decimate travel demand. AC is going to $5.

flamingogold wrote: Jobs are below 4% in the US and historically low here as well. Wages are strong and anyone who wants a job (or two) can find one. Good news for you too cause you will soon be out of work here.

Returns2021 wrote: Highest rates in a generation. Market plunge is imminent.

https://ca.investing.com/news/economy/daly-sees-fed-raising-rates-above-5-but-how-far-is-unclear-2870839