Europe's cruise market is showing signs of nerves, matching the unease felt in the North American sector and the apprehension exhibited by the stock analysts. Share prices are reacting illogically to rumour and gossip, softening when doubts are expressed and struggling to catch up when fears are assuaged. Things can change quickly, and this week's cruise feature is already out of date following the July 17 announcement by both P&O and Festival that they would not be joining forces after all.
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