(09-23-2021, 06:43 PM)HURRICANE!!! Wrote:

(09-23-2021, 06:21 PM)StroudCrowd1 Wrote: You know I love me some cruise industry, but I think you are ignoring the impact of inflation under the Biden administration and how that will tighten entertainment dollars for the middle class which is the life blood of the cruise industry.

I agree to a certain extent but I do believe that people have prioritized things much differently since covid and are going to make certain they set $$ aside for vacays and such.  So many people have made a killing on stocks, home sales, and labor demand that there is plenty of discretionary $$ to go around.  It's like 75% of the population has made a killing since covid and the other 25% still think life in unfair and are awaiting handouts.  I'm counting on that 75% to party upon the re-opening as they have started doing.

I still think you are over estimating the liquidity availability of the gains the middle class made in the recent bull market. The average person doesn't invest like you and isn't going to liquidate a retirement account with penalties to take a vacation. 

I have no doubt people can't wait to go on vacation again, but there are just way too many factors right now that negatively impact that industry that are completely out of their control.

Having said that, I'm ready to pick up more CCL when it gets under 20.

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