3 Travel Stocks Poised for a Comeback After Last Week's Market Meltdown
EXPEExpedia Group(EXPE) Investor Place·2024-08-15 02:35

The reasons behind the August market meltdown are numerous and are already moving into the rearview mirror of investors. A coolish reading in the July producer price index (PPI) has investors putting their foot on the gas to get ahead of the Federal Reserve cutting interest rates. It’s also a reason to consider investing in travel stocks.One rate cut, even if it’s one of 50 basis points, which the experts seem to favor, won’t do much to relieve pressure on consumers right now. But the markets are forward-th ...