Turmoil in the EU. As noted, it’s unlikely this can carry on unabated much longer. I’ll be curious to see what comes of this for the travel biz. While I suspect our dollars will go further as the euro takes a beating, who knows what sort of levies will be enacted to try to prop up the Italian economy.
It’s not like you can bail out the 8th largest economy in the world and still have your currency mean anything.