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Surveillance: Hyman's Fed Forecast

Bloomberg Surveillance

CHAPTER

United Airlines: A Buyhold Cell

I did a log regression of United Airlines back to 2008, where they cratered in the great contraction. They could go up 100% off that log extrapolation out based pre-pandemic. These are not issues that are going to be solved speedily if we short 3,000 air traffic controllers and we only train five or 600 a year. That's a five or six year problem right there.

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