no drop in travel this side of xmas i dont think...
and in the new year who knows what the future holds. 6-9 months ago the RBA were rising interest rates because they were worried about inflation and an unsustainable boom. now the governments around the world are frantically cutting rates and spending billions to bolster their economies..
many are forecasting another full 1% drop in aussie interest rates in the next 2 weeks, this can only increase consumer confidence.
all the doomsters and gloomsters are really only providing outstanding investing opportunities i reckon.
vba NETTED a $95 million profit last year when oil prices were well over $100 a barrel, in fact as high as $150 odd..
now oil costs are 1/3rd of that! i travel interestate regularly and there are not many times that i can snap up the cheap fares on offer, the planes are also nearly always full. crazy prices for VBA here i think.
cant wait for octobers numbers to come out this week. good luck to all those thinking along these lines and invested in VBA.
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