Subject: Re: Grantham: In which stage are we?
Bluehorsehoe -

Do we work for the same company?! Shockingly similar story for my line of work.

I also fly a lot. For the last couple of years it's been common to see lots of families with small children on the typical businessperson 'red eye' flights, much to my amazement, and far fewer people in company provided logowear. I always thought it was because it costs too much to fly anywhere during normal human times due to the airlines gouging the crap out of their customers.

I started seeing far fewer families and children in early-ish December and certainly into this year.

The TSA numbers don't really support my observations so I'm not sure what to think. It might just be my locale.

Overall, it seems like we are headed for or are in a slowdown. It might be like 2015/2016 when oil cratered which resulted in a localized depression for the O/G industry while the rest of the economy went chugging along.