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102566976 :
not sia specifically it's just that the whole market is in red. what's special about sia is the amount of dip amongst blue chip. possible fed rate increase trigger recession causing people to spend less on non essentials? maybe. but what the post pandemic era has shown to date was that 3 years of lockdown caused a pent up of travel desires that explode post pandemic, even when the inflation is at a high level. I would bet even a recession wouldn't stop this pent up desire to travel
aoimizu102566976:
agree. there are always people traveling and SIA is a strong brand. just standing by for the right price to enter, depending on what the feds might announce later ..
102566976 : not sia specifically it's just that the whole market is in red. what's special about sia is the amount of dip amongst blue chip. possible fed rate increase trigger recession causing people to spend less on non essentials? maybe. but what the post pandemic era has shown to date was that 3 years of lockdown caused a pent up of travel desires that explode post pandemic, even when the inflation is at a high level. I would bet even a recession wouldn't stop this pent up desire to travel
稳稳的上 慢慢的挣OP 102566976: thanks for sharing.
Terra : Imho, the main driver is bad news from China
aoimizu 102566976: agree. there are always people traveling and SIA is a strong brand. just standing by for the right price to enter, depending on what the feds might announce later ..