Markets The fall-out of Reeves’ “one of the largest fiscal loosenings of any fiscal event in recent decades” on UK bond markets went into a second day. Gilt yields sprint another 10.1 (30-yr) to 19 (2-yr) bps higher with new YtD highs for all maturities >5 years. The front-end is heavily influenced by central bank […]
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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…