Core Insights - Goldman Sachs has issued a significant warning to clients, indicating that the economic performance pattern of Las Vegas prior to the 2008 financial crisis is re-emerging, raising deep concerns about the current economic situation [1] Group 1: Economic Indicators - Las Vegas, a city heavily reliant on entertainment and tourism, is showing signs of economic weakness similar to those observed before the 2008 crisis, with notable declines in tourism revenue, hotel occupancy rates, and casino earnings [1] - The deterioration of these economic indicators has prompted heightened vigilance among financial institutions, as they mirror the conditions leading up to the global financial crisis [1] Group 2: Aviation Industry Impact - The performance of the aviation industry is also under scrutiny, with the International Air Transport Association projecting a total net profit of $41 billion for global airlines by 2026, but with a profit margin of only 3.9% [1] - Changes in aviation demand are closely tied to economic cycles, and a decline in demand following the trends in Las Vegas could provide clearer evidence of broader economic weakness [1]