When Bad News Is Bad News, Credit Card Crackdown, and Smooth Sailing 6/8/23

Initial jobless claims climbed for the third-straight week; does the market believe a recession is on the way. We’ll look at the leading economic indicators and let you decide. Plus, household debt on the rise. We’ll look at the fallout for consumers and one bill on Capitol hill aimed at cracking down on credit card companies. And, Royal Caribbean’s CEO is adamant the cruise operator can maintain pricing power. He’ll tell us why – and how he’s able to avoid passing costs along to customers.