August conjures up images of beaches and sunshine but it may not bring much respite to travel and tourism stocks. Battered by lockdowns, tourism has lagged a broader market recovery, with airline, hotel and leisure shares 20%-50% lower year-to-date.
The U.S. Congress’ dithering over approving more stimulus has pushed gold to record highs above $2,000 while U.S. Treasury yields have lurched lower. But equities too are riding high - clearly the powerful backstop of central bank stimulus is holding firm. The implied volatility rise looks especially steep, given the VIX itself has eased to 5-month lows. The spread between August VXQ0 and October VXV0 VIX futures is at 5.5 points, the widest since the contracts began trading.
Safety first, holidays next..
Great city. We visited Dubrovnik last summer and loved it!
Really bad idea. Also, who can afford it?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
African Family of Five Killed in Suspected Arson Attack in DenverDjibril Diol, his wife, daughter, sister and niece all perished in a house fire in Green Valley Ranch, which investigators believe may have been set intentionally. TooFab Here’s the Gofundme: 🙏🏽 TooFab But I thought black lives mattered ?! TooFab 🙏
Source: TMZ - 🏆 379. / 59 Read more »
Five teams snubbed by this year's preseason Amway Coaches PollOnly 25 teams can make the preseason Amway Coaches Poll, meaning there are many deserving schools left out. Here are five that should be included.
Source: USATODAY - 🏆 100. / 63 Read more »
Disney’s ‘Mulan’ Plan: Five QuestionsHere are five things to consider about Disney’s decision to offer its live-action remake of “Mulan” for sale exclusively on its new streaming service I remember when I watched the animation movie of Mulan. I really liked it. Thinking of unsubscribing! There are wokes everywhere. Everywhere. No diversity of culture anymore. So, better to have no culture at all then.
Source: WSJ - 🏆 98. / 63 Read more »
Five Burning Questions: Taylor Swift's Chart-Topping Week With 'Folklore' and 'Cardigan'How was &39;Folklore&39; able to achieve such resounding first-week results? And what does it say for the future of pop album promotion? Billboard staffers answer these questions and more. bc shes a queen its because shes a queen 👑 because taylorswift13 is the music industry and the future of music is taylorswift13 ProudOfTaylor
Source: billboard - 🏆 112. / 63 Read more »
Salaries at the top five ad agency holding companies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
World's three hottest Julys happened in the last five yearsLast month was the world's third-hottest July on record, new data show -- the latest milestone in a global warming trend that has seen the three hottest Julys within the last five years. Missing a KEY part. ON RECORD. (Which isn’t very long) Here we go with this scam again.
Source: Reuters - 🏆 2. / 97 Read more »