I've called it the end of the post-9/11 era, but that's not quite the same thing.
Which is hilarious as the latter combined with a lighter could be a potent improvised weapon.
The threat is using the airplane and its occupants as unwilling kamikaze weapons as in 9/11, and with the armored doors on the flight deck now it's unlikely the aircrew will allow the aircraft to be hijacked no matter what you bring on board. There's a reason the flight attendants stand in front of the door when the pilots have to use the washroom; it's so that you have to kill or incapacitate them first which buys the pilot(s) time to close and secure the armored door.
Incidentally, passengers kicked the shit out of the would-be shoe bomber too.
Perhaps that's the stated reason, but I think you and I both know it's security theatre, just like the "no phones in flight" rule.
Right now I think the biggest potential bubble is top-tier city real estate where residential is more than 10X median family income. Commercial real estate is probably in a bubble too, at least in those "hot" cities.
What crash? SP500 hit an all time high on Friday.
I'm curious - are you speaking speculatively here or do you have reasons why you believe that will be the case?
https://www.dailyhandle.com/the-government-has-printed-40-ce...
Expect all-time-highs in many things as 40% inflation goes trickles down, now that the velocity of money has stopped crashing:
Definitely is a strong reason stocks are so overvalued though, yeah.
Except that looking at the Fred graphs, now that the worst of Covid seems behind us, it's starting to.
Even if it doesn't go back to 2000 levels, it's certainly going to get to 2019 levels - meaning not just overvalued stocks but inflation too.
It's gonna hurt, but as it will also fix the student loan crisis, it could be overall a good thing!
It's good that the vaccines are starting to be distributed but it was only a week ago that my state sent out an emergency text for the first time ever stating that statewide hospital capacity was 90% used up.
“The future is already here – it's just not evenly distributed."
I'm not sure this will even be the case, depending on your perspective. Yes, we appear to be seeing a correction in commercial class A office space in major metros - but I'd argue that was a long time coming regardless. We may see a correction in residential real estate in those same major metros, but out here in rural America we're seeing an influx of people looking for better value than they were getting in coastal cities and it's driving our markets upward.