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Monty Carlo's avatar

Very dense - and I don't mean that in the British way :) - full of great info and contextual data.

One note on the US travel spike - they cleverly had the World Cup during their 250th anniversary celebrations - I would think that the spike in traffic might be a one-off effect, not a lasting trend as people usually plan their big trips around these things and plough a lot of money into going. Might be we see a downturn next year in that stat.

Other than that very helpful data points and much food for thought.

Maverick Equity Research's avatar

Glad to hear!

Great note! I will update the seasonality chart after the WC and 4th of July, and see how it looks!

Have a great day!

sifter's avatar

No fodder for a rate cut for some time..