This chapter discusses the predictions made by travel app Hopper regarding the spending on travel by Americans in the coming year, suggesting that over three quarters of Americans are expected to spend the same or even more on travel despite the gloomy outlook for airlines. It also highlights the historical issue of limited supply of seats leading to higher prices, and introduces the Crash Course podcast and its focus on business, political, and social disruptions.
Ken Leon, Global Director of Research at CFRA, breaks down big bank earnings and outlook. Hayley Berg, Economist at Hopper, shares her research on the travel outlook for 2024. Bloomberg Businessweek Editor Joel Weber and Bloomberg Intelligence Senior ETF Analyst Eric Balchunas talk about the Businessweek Magazine story From Great Bitcoin Race to RTO Trade, Five ETFs to Watch in 2024. And we Drive to the Close with Katy Kaminski, Chief Research Strategist and Portfolio Manager at AlphaSimplex.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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