Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

Donate Bitcoin

17E4x7cWzLxKkUsa25tPMuZzTB7BKZPA9o

Donate Via Paypal

Disclaimer

ALL CONTENT ON 'SILVER FOR THE PEOPLE' AS WELL AS THE 'BROTHERJOHNF' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SILVER FOR THE PEOPLE' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR BULLION. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

Donate Via Paypal

Revolver Maps

Investigating the Durable Goods Ripple Effects of a Slowdown in Aircraft, Autos, Housing

mishtalk.com / Mike “Mish” Shedlock / June 18, 2017

Yesterday, I noted Undercurrents of Worry on aircraft orders. Today, the New York Times reports After Surge in Orders, Airlines Now Balk at Wide-Bodies.

As one of the longest upswings in sales in aviation history falters, Boeing has been forced to cut production of its giant 777 and 747-8 jets. And questions are mounting about how much longer Airbus will be able to keep building its mammoth A380, a double-deck plane that carries more than 500 people and often includes bars and showers for the highest-paying customers.

High production rates created a glut of large jets, and the drop in oil prices has reduced business travel to and from the Middle East, where carriers like Emirates Airlines, Etihad Airways and Qatar Airways have been among the biggest buyers of 777s and A380s. President Trump’s proposal for a travel ban focused on Muslim countries, new security rules banning laptops on flights from the Middle East and the tensions between Qatar and its neighbors have all added to the problems.

READ MORE

Comments are closed.