The Aviation Boom Market

From Forbes.com

With increasing demand for air freight transportation, investors can expect a nice ride upward.

Just as the chip and tech recovery was foreordained 18 months ago by booming Smartphone sales, corollary uploads/downloads of rich media and the profusion of e-commerce and social networking sites today necessitating faster, more robust networks and datacenters, so was the aviation and industrial industries set in motion by rising air freight and business travel in spring 2009.  Each was preceded in late 2008 by an increase in Chinese infrastructure spending and massive growth in the U.S. money supply, followed by rising outlays in India and increased world trade flows.  So miserable were investors and so low confidence that few noticed these precipitators of what’s steadily turned into another round of integrated global growth.

The upturn has been vastly under appreciated because of vitriolic domestic politics, but this is hardly the first time government and commerce have clashed, even if high unemployment and sub-par national growth rates have soured the discourse to a greater than usual extent.  With Wall Street again emerging from the bear cave, morbid fear of double dip is fading in the wake of upside corporate reports. This reminds me of fall 2002 when semiconductor demand rose and then again in early 2003 when the Iraq war was launched.Back then, the down in the dumps attitude turned on a dime, confidence restored and a new business cycle kicked in.  Our guess is the last year and a half will prove mere prelude to a multi-year business cycle subsuming the country as a whole.

Read the full story - The Aviation Boom Market