Trade Alert: Royal Caribbean Is On A Cruise To Nowhere

The wishful thinking of pent-up demand in the travel and leisure industry is running headlong into the reality of a slow recovery, even with the pandemic possibly in the rear-view mirror. Consumer behavior for discretionary spending has taken a hit in the past few years along with economic distress. Jim and Dan revisit put options on this leading cruise liner as reduced capacity and increased financing costs will send its stock price on a downward trend.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the...

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