No Carnival, A Little Rain Must Fall, and Space Pool
Finally, we close with brief comments on No Carnival, A Little Rain Must Fall, and Space Pool. First, Carnival Corp., the largest provider of cruises, owning such brands as Holland America, Princess Cruises, and Cunard, forecast much less than expected earnings ahead as costs and currency outran their ability to raise cruise prices. For Carnival Corp., there is No Carnival ahead. Second, the winter of 2019 turned into the wettest winter in over a decade. According to data from NOAA, the 2018 – 2019 Winter Rainfall was 68% above average. This precipitation has led to significant flooding, held up investment, and impacted farmers crop plantings. For those impacted, this was much more than A Little Rain Must Fall. And Third, NASA has partnered with SpaceX to deflect an asteroid. Under NASA’s DART Program (Double Asteroid Redirection Test), SpaceX’s Falcon 9 will crash into asteroid Didymos in late 2022 in an effort to redirect its course. For NASA, we see them playing a very sophisticated game of Space Pool in preparation for preventing a future catastrophe.
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