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10nisman

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10nisman

Re: santafe2 post# 104169

Wednesday, 12/14/2022 6:59:32 PM

Wednesday, December 14, 2022 6:59:32 PM

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The worst performing industry in the consumer discretionary sector is hotels. HLT, MAR and H are all down. Airlines have recovered somewhat after being hammered yesterday. I've noticed over the last couple of months that airlines have been dropping prices to fill seats

One of the first business expenses cut is travel --- that is what we're starting to see and it will only get worse throughout 2023.
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