Numerous reports involve rising inflation in the last year. What’s driving this? Despite public spending at levels never seen before, inflation had seemed tame and the economy appears remarkably strong even after the last year and a half of dislocations and restrictions?
However, trillions cannot enter an economy without impact. The lion’s share of those immense sums found their way into financial assets, including stocks.
What has this to do with Light-Sport Aircraft? Over many years of ups and downs, I’ve noticed a high correlation between stock market buoyancy and airplane sales. Both are soaring right now.
Unfortunately, some dark clouds are gathering.
Insurance Rates — Do you pay an insurance bill? If you answered yes, then you know about a significant increase in your premium. Maybe you can’t find insurance for your special aircraft. Maybe you can’t even get an insurance agent to give you a quote. Is the cause for this price gloom because LSA or Sport Pilot kit aircraft are falling out of the sky?