This chapter discusses the current state of airfare prices and travel demand. It mentions that airfare prices have been high in recent years but are now starting to decrease due to increased supply and the presence of low-cost carriers. Despite this, there is still high demand for international travel, particularly among younger travelers who are seeking unique experiences.
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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