Your general thesis is correct but I don’t see them going down this quarter. Travel is still up and bookings are fairly high. It will come down but might take another quarter or two. I personally know people who are over leveraged on properties and aren’t feeling any pain (yet)
makeitcount09122018 t1_iuhgqc7 wrote
Reply to $ABNB puts or calls? Earnings play. by PopperChopper
Your general thesis is correct but I don’t see them going down this quarter. Travel is still up and bookings are fairly high. It will come down but might take another quarter or two. I personally know people who are over leveraged on properties and aren’t feeling any pain (yet)