the top in hotel activity heralded the last recession

Yes, the top in hotel activity IS THE INDICATOR that heralded the last recession, which means it IS THE INDICATOR which is now heralding the next one.

So that's it. Nothing to do with the sub-prime mortgage crisis, banks too big they failed, employment, interest rates, etc etc etc. What a bloody hack she is. And she is getting paid a good healthy 6 figures for spewing that nonsense, I am sure. How do I get a job like that?
 
Overnight said:
Yes, the top in hotel activity IS THE INDICATOR that heralded the last recession, which means it IS THE INDICATOR which is now heralding the next one.

So that's it. Nothing to do with the sub-prime mortgage crisis, banks too big they failed, employment, interest rates, etc etc etc. What a bloody hack she is. And she is getting paid a good healthy 6 figures for spewing that nonsense, I am sure. How do I get a job like that?
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There is some merit in her observation.

Going into and coming out of recession, leisure stocks often lead "discretionary spending".

I used to track Invesco's Leisure fund looking for just that.
 
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