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Why Cruise Line Stocks Popped Again on Thursday
Crazy as it might sound, you can thank the U.S. U.S. Bureau of Labor Statistics (BLS) for that. As you’ll recall, back on Tuesday the BLS announced that inflation had inched up 0.1% sequentially in August, rising to 8.3%. According to BLS figures, airline fares declined 8.8% between July and August, making it cheaper, and more attractive, to take a cruise vacation.
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