FLASH CALL TODAY 2PM: CRUISE LINES - EUROPEAN RISK

We are hosting a Flash Call at 2PM TODAY as we walk through our thesis on European slowdown risk and how it will impact CCL/RCL.

 

 


THESIS OVERVIEW:

 

  • Hedgeye cruise survey points to weakening European pricing
  • Fragile consumer environment in the Eurozone e.g. Germany, Italy, and France projected by Hedgeye Macro team
  • RCL and CCL share appreciation, overly bullish sentiment, and relatively high valuations suggest reaction to negative European pricing pivot could be sharp

 

CALL DETAILS:


Attendance on this call is limited.  Ping  for more information.