The year started with hope. As 2022 arrived, America and most countries (China excepted) were emerging from two years of difficult lockdowns and Covid. The good news was that a flood of money from the U.S. government had buoyed the stock market and I’ve long observed that in a rising equities market, LSA and SP kit aircraft sell well.
No one thinks this is because anyone sells stock to buy a Light-Sport Aircraft. Rather, it’s something economists call the “wealth effect,” where rising asset values give stockholders confidence that good times are here and they can buy an airplane to have
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