Markets: At the start of trading this morning, core (US) bonds showed tentative signs of taking a breather after their recent rally. However, French data again perfectly fit the recent bond friendly market momentum. French Q3 GDP growth was downwardly revised from +0.1% to -0.1%. October consumer spending fell off a cliff (-0.9% M/M) and, […]
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Royal Caribbean, Norwegian Cruise Line, Carnival, and MSC Cruises all regularly call on Roatan, Honduras, despite the US State Dept. issuing a Level 3: Reconsider Travel advisory for the country. In fact, multiple cruise ships Read more…
Cruise lines sort of pick and choose which laws they follow. Because they sail from American ports, both Royal Caribbean and Carnival Cruise Line use US federal law in most cases. That’s why cruise ships Read more…
In case you have not been counting, 2024 has five-and-half trading days left. And 2024 has been a very good year so far. Not record-breaking, but a 24.3% gain for the Standard & Poor’s 500 Read more…