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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.



  • 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


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