The Confidence Recession Is Here: Why Aircraft Deals Are Freezing Before Prices Break | EP 45

VREF | The Truth About the Aviation Market · Jul 5, 2026 · 21m · transcript

In this episode, we cover:

• Why Bitcoin’s selloff is a useful comparison for what is happening in aviation

• Why “meltdown” always depends on the time frame you are using

• How market damage often happens long before the public starts panicking

• Why aviation is showing the same behavioral pattern as other asset cycles

• Why participation dries up before prices visibly break

• How sentiment cracks before sellers admit the market has changed

• Why leverage gets flushed out late in the cycle, not early

• Why headlines usually show up at the loudest and least useful stage

• Why the real…