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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